NEW YORK, June 22 (Reuters) - Investor Carl Icahn on Friday said he has no plans to raise his $36-per-share offer for auto parts maker Lear Corp. , saying the price is "fair." "I think it's a very fair bid and we have no intention of raising it," said Icahn in an interview. "Let the shareholders decide. We're paying double what the price was back in September. And the risks are certainly still there." Icahn's offer for Lear has faced criticism from some shareholders who have said the ...
Premium Content (PAID Subscription Required)
"Icahn says has no plans to raise Lear bid" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642