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Stock Market & Financial Investment News

News Breaks
December 19, 2012
05:13 EDTGBX, ARIIGreenbrier 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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October 14, 2014
06:17 EDTGBXGreenbrier conducting investigation into whistleblower claim
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October 10, 2014
07:41 EDTGBXRail supply names should be bought on recent weakness, says Wells Fargo
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06:46 EDTGBXGreenbrier recent weakness overdone, says BofA/Merrill
BofA/Merrill said recent weakness and concerns for Greenbrier are overdone. The firm sees no threat from regulatory changes and said recent orders are strong. Shares are Buy rated.
October 9, 2014
17:46 EDTGBXGreenbrier urges prompt regulatory action to require safer tank cars
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October 8, 2014
12:20 EDTGBXGreenbrier shares defended at Sterne Agee
10:06 EDTARIIStephens transportation analysts hold an analyst/industry conference call
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