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US: MHR lifts Navistar stake to 14.99%

MHR Fund Management has disclosed in a new filing with the US Securities and Exchange Commission (SEC) that it has raised its stake in Navistar International to 14.99%, a fraction below the 15% level that would trigger the truck OEM's poison pill defence. In June 2012, Navistar announced a poison pill It’s time to log … Continued

MHR Fund Management has disclosed in a new filing with the US Securities and Exchange Commission (SEC) that it has raised its stake in Navistar International to 14.99%, a fraction below the 15% level that would trigger the truck OEM's poison pill defence.

In June 2012, Navistar announced a poison pill

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https://www.automotiveworld.com/articles/95309-us-mhr-lifts-navistar-stake-to-14-99/

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