Carl Icahn Cuts Stake in Greenbrier Cos. (GBX) to 3.4% Following Failed Bid

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Icahn Sold Greenbrier Shares at Higher Price than Originally Reported

December 26, 2012 7:00 AM EST

Carl Icahn filed an amended 13D with the U.S. SEC to correct an error within a previous filing. According to the amendment, Icahn sold about 1.79 million shares of Greenbrier Cos. (NYSE: GBX) for 5.8 percent more than originally reported.

From the amended... More

Greenbrier (GBX) Again Says Icahn / American Railcar (ARII) Offer Not Enough

December 21, 2012 7:03 AM EST

The Greenbrier Companies, Inc. (NYSE: GBX) today reaffirmed that American Railcar Industries, Inc.'s (NASDAQ: ARII) 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... More

Greenbrier (GBX) Rejects Am. Railcar (ARII) $20/Share Bid

December 19, 2012 6:07 AM EST

Greenbrier Cos. (NYSE: 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, Inc. (NASDAQ: ARII) ("American Railcar") or an acquisition of American Railcar by Greenbrier.

While Mr. 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, Mr. Icahn talked about an acquisition of Greenbrier at a price of between $20 and $22 per... More

Icahn-Controlled American Railcar (ARII) Again Takes Aim at Greenbrier (GBX)

December 18, 2012 11:16 AM EST

American Railcar (Nasdaq: ARII) and Greenbrier (NYSE: GBX) are both about 6 percent higher on the session following a merger proposal issued earlier.

Ahead of the bell Tuesday, Carl Icahn-controlled American Railcar sent an offer to acquire Greenbrier... More

UPDATE: Icahn's American Railcar Bids $20/Share for Greenbrier (GBX)

December 18, 2012 6:08 AM EST

(Updated - December 18, 2012 6:11 AM EST)

Icahn's American Railcar (Nasdaq: ARII) makes $20/share bid for Greenbrier (NYSE: GBX).

UPDATE - From an amended 13D filed with the U.S. SEC this morning:

"Representatives of the... More