Federal-Mogul (FDML) Tops Q4 EPS by 10c
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Federal-Mogul (FDML) Receives $7/Share Takeover Offer from Icahn Enterprises
February 29, 2016 7:01 AM ESTFederal-Mogul Holdings Corporation (NASDAQ: FDML) announced that it has received a proposal from its majority shareholder, Icahn Enterprises L.P. (NYSE: IEP), to purchase the shares of Federal-Mogul common stock not owned by IEP in a merger transaction pursuant to which the Federal-Mogul shareholders would receive $7 in cash for each of their Federal-Mogul shares, subject to the conditions set forth in the letter below to the Federal-Mogul Board of Directors.
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Federal-Mogul (FDML) Halted, News Pending
February 29, 2016 6:59 AM ESTFederal-Mogul (NASDAQ: FDML) Halted, News Pending
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