Business, Equipment

How Bridgestone's CEO Learned When to Walk Away From a Deal

Late last year, Bridgestone Corp. CEO Masaaki Tsuya did something rare in Japanese business circles. He walked away from an escalating bidding war with Carl Icahn for the U.S. auto parts chain Pep Boys. Tsuya’s philosophical approach to deal-making comes from an unpleasant experience.

Jie Ma and Yuki Hagawara | Bloomberg News
June 13, 2016