Carl Icahn just filed an amended 13D with the SEC on Greenbrier Companies (GBX). Per the filing, another company Icahn is involved with, American Railcar (ARII), made a $20 per share in cash offer for Greenbrier (GBX).
Icahn just recently established his new position in Greenbrier. The Q3 issue of our Hedge Fund Wisdom newsletter drew attention to this last month and postulated that he had plans for the two companies (as both are involved in railroad freight car equipment).
And now we see that ARII (with Icahn as its top investor) has made a bid for GBX. Shares of GBX are now trading at a slight premium to this offer.
Tuesday, December 18, 2012
Carl Icahn Files Amended 13D on Greenbrier: American Railcar Makes Bid
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