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Stock Market & Financial Investment News

News Breaks
December 21, 2012
05:24 EDTGBX, ARIIGreenbrier 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.
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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