Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: freelyhovering who wrote (18514)	12/23/2015 9:02:58 PM
From: freelyhovering	Read Replies (1) \| Respond to of 20435

Message 30373251 Change this to 1/4 WWT, 1/4 CTMX, 1/4 PACB and 1/4 PBMD..

To: freelyhovering who wrote (18514)	12/28/2015 6:52:49 PM
From: Sr K	Respond to of 20435

Re: PBY 4:43 pm Pep Boys: Icahn raises cash bid to $18.50 per share; above Bridgestone's $17.00 per share cash offer ( PBY ) : From filing: "On December 28, 2015, Icahn Enterprises delivered to the Issuer a proposal to acquire all of the outstanding Shares for $18.50 per Share in cash in a negotiated transaction that would not be subject to any due diligence, financing or antitrust conditions. In the Proposal, Icahn Enterprises stated that, as one of the Issuer's largest shareholders, Icahn Enterprises believes it is contrary to the best interests of all of the Issuer's shareholders for the Issuer to agree to any increase of the termination fee payable to Bridgestone Retail Operations, LLC ("Bridgestone") pursuant to the Agreement and Plan of Merger, dated as of October 26, 2015, by and among the Issuer, Bridgestone and TAJ Acquisition Co. (as amended through December 24, 2015, the "Bridgestone Agreement"), because it would prevent a truly robust auction. Icahn Enterprises also indicated in the Proposal that it could be willing to bid in excess of $18.50 per Share for the Issuer.