Publicly traded automotive service chain Pep Boys has engaged Joele Frank for PR support as it nixes a merger plan with Bridgestone Retail in favor of a larger cash offer from investor Carl Icahn.
Philadelphia-based Pep Boys said Wednesday that its board deemed Icahn's $15.50-per-share pitch a superior proposal to its October agreement and subsequent $15-per-share tender offer by Bridgestone. The board said it intends to terminate the Bridgestone deal.
Joele Frank founding partner Dan Katcher leads the Pep Boys work for the firm.
Proxy solicitation and financial comms. firm D.F. King & Co. is aiding Nashville-based Bridgestone.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
Amsterdam’s CFF Communications handles Accell Group as Europe’s No 1 e-bike and No. 2 bicycle maker declares insolvency after failing to find a buyer.
Randy Sinclair, who rose to lead investor relations at Chevron during an 11-year run, will move to Northrop Grumman on Aug. 10 as VP-IR.
