Navistar counters Traton’s ‘final’ offer

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LISLE, Ill. – Navistar International’s Board of Directors has responded to Traton’s final buyout offer of US$43 per share, saying it will accept US$44.50. Navistar says the $44.50 price has the support of Navistar’s two largest shareholders. In a letter to Traton, Navistar asked the company to publicly announce an extension to negotiations so the […]

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