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Navistar (NAV) is willing to consider the sale of any part of the company as it attempts to...

Navistar (NAV) is willing to consider the sale of any part of the company as it attempts to return to profitability, interim CEO Lewis Campbell said yesterday. The truck and engine maker, which is halfway through a comprehensive review, "might try to monetize" any business that doesn't improve within a reasonable time. However, Navistar has plenty of cash, so doesn't need to sell at fire-sale prices.
Comments (2)
  • aplin
    , contributor
    Comment (1) | Send Message
     
    Shades of yesteryear when Farmall was sold to Case division of Tenneco after a spate of mismanagement!
    30 Oct 2012, 08:46 AM Reply Like
  • IH1966
    , contributor
    Comments (2) | Send Message
     
    Used trucks are having a fire sale right now! Losing lots of money in over invested Prostars.
    30 Oct 2012, 01:23 PM Reply Like
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