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News Breaks | | | | December 21, 2012 | | 05:24 EDT |  | GBX, ARII | Greenbrier rejects $22 per share proposal from American Railcar, Carl Icahn
The Greenbrier Companies, reaffirmed that American Railcar Industries conditional proposal to acquire the Company for $22 per share is unacceptable and not in the best interests of Greenbrier stockholders. Greenbrier also refuted the characterization of events and discussions described in the letter from American Railcar to Greenbrier dated December 19. Although representatives of the two companies and Greenbrier's advisers have held discussions on numerous occasions since November, at no point during these discussions did representatives of Greenbrier or its advisers invite or encourage American Railcar to make an offer to acquire Greenbrier for a price in the range of $20-$22 per share. To the contrary, Greenbrier has made clear to Icahn and his representatives that a price range of $20-$22 per share would not be acceptable to the company. | |
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News For GBX;ARII From The Last 14 Days Check below for free stories on GBX;ARII the last two weeks. |
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| May 8, 2013 | | 14:25 EDT | | ARII, GBX | Greenbrier sees 'oil by rail' momentum continuing into 2015
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