(frankieleon)

Icahn Reportedly Wins Pep Boys Bidding Battle For $1B; Bridgestone Leaves Race

And just like that, it appears the auto parts retailer love triangle has ended: Bridgestone, the one-time preferred suitor of Pep Boy, reportedly bowed out of the months-long bidding war with Icahn Enterprises.  [More]

Auto Parts Retailer Love Triangle Reaches $1B With Icahn Once Again Topping Bridgestone In Bid For Pep Boys

Auto Parts Retailer Love Triangle Reaches $1B With Icahn Once Again Topping Bridgestone In Bid For Pep Boys

The auto parts retailer love triangle continues to take new twists and turns as the year comes to an end, with Icahn Enterprises once again upping the ante – to the tune of $1 billion – in its bid to steal Pep Boys away from suitor Bridgestone.  [More]

Pep Boys Concedes That Icahn’s Offer May Be “Superior” To Bridgestone, Will Explore The Deal Further

Pep Boys Concedes That Icahn’s Offer May Be “Superior” To Bridgestone, Will Explore The Deal Further

When Dollar General entered an unsolicited billion dollar bid for Family Dollar last year, the smaller company said thanks but no thanks. The latest merger-love triangle appears to be taking a different path: auto parts retailer Pep Boys seems to be mulling the idea of ditching its already agreed upon deal with Bridgestone in favor of more money from Auto Plus owner Icahn Enterprises.  [More]

(Mike Mozart)

Auto Parts Love Triangle: Icahn Offers $837M For Pep Boys, One-Upping Bridgestone’s $835M Bid

Love triangles are generally a plot device used in movies and television shows to keep viewers’ eyes glued to the screen, screaming for their preferred suitor to win out. Recently, though, the messy affairs have infiltrated the mergers and acquisitions realm with the months-long dollar store war – Dollar General and Dollar Tree fighting over Family Dollar. Today, that trend continued with the company behind Auto Plus offering to buy the already betrothed Pep Boys retail operations out from under Bridgestone.  [More]

(frankieleon)

Bridgestone Buys Pep Boys Auto Service Retail Operations For $835M

Have we seen the last of Moe, Manny, and Jack – you know, the faces of the Pep Boys auto parts brand? It’s possible as the retail chain has agreed to be acquired by tire giant Bridgestone for $835 million.  [More]

Vice President Of Getting Sued

Sony Files Very Real Lawsuit Against Fake Sony Executive

You probably know actor Jerry Lambert as “Kevin Butler,” the man who has played the character of Sony Executive Kevin Butler in a long-running series of ads for the PlayStation brand. Now Lambert can add “defendant” to his resume, as Sony is apparently unhappy with his appearance in an ad for another company that features him playing Nintendo. [More]

More Uhauls Of Shame

Blah blah blah Uhaul wouldn’t rent me a Uhaul because I’m too much of a slacker to show up on time. That’s what ran through our brains when we first read Christopher’s letter. Then we stumbled across this gem.