Hostile Bids

Advanced Semiconductor Engineering (ADR) (NYSE: ASX) proposed on December 14 to acquire all the shares of Siliconware Precision Industries(ADR) (NASDAQ: SPIL) on the Taiwan stock exchange for a 21 percent premium. Siliconware's Board of Directors released a letter on Monday, noting that it...

Icahn Enterprises LP (NASDAQ: IEP)'s Carl Icahn said on Wednesday it is committed to paying around $1 billion to acquire Pep Boys-Manny Moe and Jack (NYSE: PBY) and will beat any new offer Bridgestone makes by $0.10 a share. Pep Boys initially agreed to be acquired by Bridgestone, the Japanese tire...