Traton said its offer was subject to Navistar and Traton reaching a merger agreement. Navistar shares shot up by 50% to just over $36 a share in after-hours trading, suggesting investors expect a potential deal could be richer than Traton#39;s opening offer.
Traton said its offer was subject to Navistar and Traton reaching a merger agreement. Navistar shares shot up by 50% to just over $36 a share in after-hours trading, suggesting investors expect a potential deal could be richer than Traton#39;s opening offer.
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