Skip to content

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 Subscribe to Automotive World … 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

Subscribe to Automotive World to continue reading

Sign up now and gain unlimited access to our news, analysis, data, and research

Subscribe

Already a member?

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

Welcome back , to continue browsing the site, please click here