(Reuters) - CHICAGO, June 19 - Lear Corp. raised its
earnings outlook on Tuesday, but not enough for a special
committee of its board to change its support for billionaire
investor Carl Icahn's $2.86 billion bid for the U.S. auto parts
maker.
The company, which produces automotive seating and
electronics, attributed the higher forecast for the second
quarter and full year mainly to higher-than-expected
light-truck production in North America.
Read more at Reuters.com Mergers News
earnings outlook on Tuesday, but not enough for a special
committee of its board to change its support for billionaire
investor Carl Icahn's $2.86 billion bid for the U.S. auto parts
maker.
The company, which produces automotive seating and
electronics, attributed the higher forecast for the second
quarter and full year mainly to higher-than-expected
light-truck production in North America.
Read more at Reuters.com Mergers News
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