Update: Navistar Rejects Traton’s New Bid

Mike Brezonick

14 September 2020

Navistar International Corp. issued a statement from its board of directors regarding the revised proposal from Traton SE – and it could be summed up as “closer, but not there yet.”

“Navistar’s Board of Directors, after careful consideration with the assistance of its financial and legal advisors, has unanimously concluded…

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