UPDATE 1-Navistar eyes Monaco Coach assets

Newswire

* Says issues non-binding letter of intent * Says letter contemplates deal by mid-April March 26 (Reuters) - U.S. truck and engine maker Navistar International Corp said it has issued a non-binding letter of intent to buy certain assets and assume certain liabilities of bankrupt recreational-vehicle maker Monaco Coach Corp . "The letter of intent contemplates that Navistar and Monaco will work to sign a definitive asset purchase agreement by mid-April," the statement said. Monaco had ...

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