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US: Navistar adopts poison pill strategy

In response to recent disclosures by activist investor groups that have acquired significant stakes in Navistar, the company has announced a poison pill strategy to deter what it refers to as "coercive takeover tactics." Navistar's board of directors has adopted a so-called 'Stockholder Rights Plan' and declared a dividend of one It’s time to log … Continued

In response to recent disclosures by activist investor groups that have acquired significant stakes in Navistar, the company has announced a poison pill strategy to deter what it refers to as "coercive takeover tactics."

Navistar's board of directors has adopted a so-called 'Stockholder Rights Plan' and declared a dividend of one

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https://www.automotiveworld.com/articles/94461-us-navistar-adopts-poison-pill-strategy/

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