American Railcar Industries, Inc. (ARII) - NASDAQ
  • Dec. 19, 2012, 5:45 PM

    Carl Icahn sweetens American Railcar’s (ARII) bid for Greenbrier (GBX) by 10% to $22, and sets a December 21 deadline. GBX turned down American Railcar's (ARII) $543M takeover bid earlier today, saying the offer "grossly undervalues the company."

    | Dec. 19, 2012, 5:45 PM
  • Dec. 19, 2012, 3:23 AM

    Greenbrier (GBX) turns down American Railcar Industries' (ARII) $543M takeover bid, saying the offer "grossly undervalues the company." However, Greenbrier is willing to continue talks with Carl Icahn, who controls American Railcar, stating that a merger "could be beneficial to both companies" and could achieve "substantial synergies." (PR)

    | Dec. 19, 2012, 3:23 AM
  • Dec. 18, 2012, 1:19 PM
    American Railcar (ARII +5.9%) and Greenbrier (GBX +6.1%) both trade higher following the announcement of a merger between the two railroad companies. Though the deal looks like a winner to a number of analysts, others warn the acquisition faces a stiff challenge to clear regulatory hurdles.
    | Dec. 18, 2012, 1:19 PM
  • Dec. 18, 2012, 7:06 AM
    American Railcar (ARII) offers to buy Greenbrier Companies (GBX) for $20 a share in a deal which values the company at close to $543M. The disclosure was made in a SEC filing by Carl Icahn's company. (13D)
    | Dec. 18, 2012, 7:06 AM
Company Description
American Railcar Industries, Inc. designs, manufactures and hopper and sells tank railcars. It also leases, repairs and refurbishes railcars, provides fleet management services and designs and manufactures certain railcar and industrial components. The company operates its business through three... More
Sector: Services
Industry: Railroads
Country: United States