The Greenbrier Companies, Inc.(GBX)- NYSE
  • 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
Greenbrier Cos., Inc. designs, manufactures and markets railroad freight car equipment in North America and Europe. It also manufactures and markets ocean-going marine barges in North America. It provides wheel services, railcar refurbishment and parts, leasing and other services to the railroad... More
Sector: Services
Industry: Railroads
Country: United States