Bridgestone relents, Icahn prevails in $1 billion bidding war for Pep Boys

Tire giant Bridgestone backed down from a bidding war with billionaire investor Carl Icahn, declining to match his takeover offer of more than $1 billion for the Pep Boys auto-parts retail chain.

from Automotive News Breaking News Feed http://ift.tt/1ICDRSd via Falls Church auto repair