(Reuters) - CHICAGO, July 9 - Lear Corp. on Monday
accepted an increased $3 billion takeover offer from
billionaire Carl Icahn, but doubts remained as to whether the
auto parts maker's shareholders would support the new deal.
Icahn, Lear's biggest shareholder, raised his offer to
$37.25 per share from a previous $36 that proxy advisory firms
and several shareholders called too low. Just weeks ago, Icahn
stood firm against raising the offer.
Read more at Reuters.com Bonds News
accepted an increased $3 billion takeover offer from
billionaire Carl Icahn, but doubts remained as to whether the
auto parts maker's shareholders would support the new deal.
Icahn, Lear's biggest shareholder, raised his offer to
$37.25 per share from a previous $36 that proxy advisory firms
and several shareholders called too low. Just weeks ago, Icahn
stood firm against raising the offer.
Read more at Reuters.com Bonds News
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