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VWAGY - Navistar +21% with Traton deal finally getting close to the finish line
Volkswagen AG ADR Repstg 1/10th Sh
Navistar (NAV) is close to agreeing to a deal with Volkswagen's (VWAGY) Traton, according to CNBC. The long-awaited deal is reportedly being struck at $44.50 per share. Navistar investors Carl Icahn and Mark Rachesky are said to be backing the deal Shares of Navistar are up 20.98% premarket to $42.80 in premarket action.Earlier this week: Navistar -19% with clock ticking to take Traton deal