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Stock Market & Financial Investment News

News Breaks
December 19, 2012
05:13 EDTARII, GBXGreenbrier determines Icahn's proposal grossly undervalues the company
The Greenbrier Companies (GBX) disclosed that the company and its advisors have been engaged in discussions with Carl Icahn and his associates regarding an acquisition of Greenbrier by American Railcar Industries (ARII) or an acquisition of American Railcar by Greenbrier. While Icahn's 13D/A disclosed a conditional proposal to acquire Greenbrier for $20 per share in cash, the company noted that in previous conversations with Greenbrier, Icahn talked about an acquisition of Greenbrier at a price of between $20 and $22 per share in cash. The Greenbrier board believes a price range of $20-$22 per share is inadequate, grossly undervalues the company and is not in the best interests of Greenbrier stockholders.
News For GBX;ARII From The Last 14 Days
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December 11, 2014
07:30 EDTGBXDA Davidson to hold a conference
6th Annual Aerospace & Industrials 1:1 Conference is being held in Boston on December 11.
December 8, 2014
06:09 EDTGBXGreenbrier announces orders for 14,100 railcars valued at $1.24B
Greenbrier announced that it received new orders in its first quarter ended November 30 for 14,100 railcar units valued at $1.24B. Orders for the quarter include small-cube covered hopper cars for sand and cement transportation, boxcars, double-stack intermodal units, automobile carrying cars, gondolas and tank cars, both for crude oil and other commodity types. The average selling price for the orders reflects the diversity of railcar types ordered.

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