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/
Join our LinkedIn Group
Let us help you understand the future of mobility