Lear affirms support for Icahn buyout, delays vote

Newswire

CHICAGO, June 22 (Reuters) - Auto parts maker Lear Corp. reaffirmed its support for billionaire Carl Icahn's $36 per share buyout offer, but delayed a shareholder vote on it until July 12, the company said in a federal regulatory filing on Friday. Lear shareholders had been scheduled to vote on the nearly $2.9 billion offer from Icahn's American Real Estate Partners next Wednesday. Earlier this week Institutional Shareholders Services recommended a vote against it. Other large ...

Premium Content (PAID Subscription Required)

"Lear affirms support for Icahn buyout, delays vote" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×