Icahn Issues Letter to Navistar (NAV) Holders; Notes Inability to Create EPA-Friendly Engine
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Navistar (NAV) Issues Response to Icahn Letter; Says Tactics 'Unproductive'
September 10, 2012 8:47 AM EDTNavistar International Corporation (NYSE: NAV) today issued the following statement in response to an open letter released to the press by Carl Icahn:
"The Navistar Board takes its fiduciary duties very seriously and is committed to acting in the best interest of... More
Icahn Says Navistar (NAV) Poster Child for Abysmal Business Decisions
September 10, 2012 7:08 AM EDTI an open letter to The board of directors at Navistar (NYSE: NAV) this weekend, investor Carl Icahn, who holds 15 percent of the outstanding shares, said that in his opinion the company "has become a poster child for abysmal business decisions and poor corporate governance."
"At Navistar, where four shareholders hold almost 60% of the stock, said Ican, "it would be a simple matter for this Board to... More
