(Reuters) - CHICAGO, July 9 - Lear Corp. said on Monday that it had accepted a higher takeover offer of about $3 billion from billionaire Carl Icahn's American Real Estate Partners LP after shareholders balked at the previous proposal.
Lear, which makes auto parts, in February accepted an offer of $36 per share for the shares that Icahn does not already own. A proxy advisory firm and several shareholders have called that offer too low.
Read more at Reuters.com Bonds News
Lear, which makes auto parts, in February accepted an offer of $36 per share for the shares that Icahn does not already own. A proxy advisory firm and several shareholders have called that offer too low.
Read more at Reuters.com Bonds News
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