Why Navistar Stock Just Popped 11% [The Motley Fool]
Navistar Intl Corp (NAV)
Last navistar intl corp earnings: 3/4 06:25 am
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Source: The Motley Fool
One report says Volkswagen may be contemplating a complete buyout. Rich Smith ( TMFDitty ) Apr 16, 2018 at 2:33PM What happened Shares of Navistar ( NYSE:NAV ) jumped 11.4% Monday afternoon, and were holding steady at that level as of 1:40 p.m. EDT. The reason: Volkswagen may buy Navistar. At least, that's how The Wall Street Journal is reporting it. In an article Monday morning, the Journal reported that Volkswagen Truck and Bus GmbH , which already owns a 16.9% stake in truckmaker Navistar, is considering a full takeover of Navistar International Corp. How would this sign look atop Navistar's headquarters in the U.S.? Image source: Volkswagen AG. So what How serious is Volkswagen about this? Serious enough that Volkswagen Truck CEO Andreas Renschler went on record suggesting it would be a good idea for Volkswagen to buy N
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