Expect Navistar International Corp.'s board of directors to comply with shareholder wishes and abolish a special takeover defense that makes it extremely expensive for hostile acquirers, analysts say. “I don't think the board is going to act contrary to shareholder initiative,” says Raj Kothari, an analyst with the investment banking firm GMA Capital. Over 80% of shareholders voted last week to repeal the protection measure. It suggests Navistar's deal, announced Feb. 12, to make ...
Premium Content (PAID Subscription Required)
"Navistar Shareholders Pave Way for Deal" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642