Pep Boys agrees to be bought by Icahn for $1 billion

NEW YORK — Pep Boys is being acquired by Carl Icahn for $1 billion following a bidding war with the Japanese tire company Bridgestone. The deal is expected to close in the first quarter of next year. Icahn Enterprises offered $18.50 in cash for each share of Pep Boys, a $1.50 more per share than […]