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Automakers

Navistar rejects offer from VW's Traton, calls it starting point

Badge of a International brand heavy truck
(REUTERS)
R
By:
Reuters
September 14, 2020 11:52 AM

Navistar International Corp. on Monday rejected Volkswagen truck unit Traton's buyout offer of $43 per share, but said it was a starting point for exploring a possible transaction.

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