Navistar +17% with Traton deal heating up

Sep. 10, 2020 9:38 AM ETNavistar International Corporation (NAV), VWAGYNAV, VWAGYBy: Clark Schultz, SA News Editor1 Comment

Navistar (NYSE:NAV) is racing higher in early trading on reports that Volkswagen's (OTCPK:VWAGY) Traton pushed its offer price for the company up to $43 per share from $35 per share.
It has been a long courtship between Navistar and Traton after the pandemic threw the potential deal into jeopardy.
Shares of Navistar are up 17.47% to $42.10 and traded as high as $43.08 just a few minutes ago.

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