Greenbrier Says Icahn's $543M Offer Shortchanges Investors
American Railcar in a Tuesday security filing offered $20 per share to Greenbrier investors, representing a 5.5 percent premium over Monday's close. The suitor appeared to justify the modest premium based on merger speculation ignited last month that lifted Greenbrier's share price more than 35 percent.
Icahn last month...
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