Lear says waiting period for other bids has ended

Newswire

BOSTON, March 27 (Reuters) - Auto parts maker Lear Corp. said on Tuesday that the period it set aside to wait for alternatives to a takeover bid by Carl Icahn's American Real Estate Partners LP has expired without another offer emerging. The company in February agreed to a $2.3 billion takeover by Icahn. The deal is worth $5.3 billion including assumed debt.

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