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Automakers

VW’s Traton sets Friday deadline for Navistar offer

A line of International semi trucks in a lot
(BLOOMBERG/Photographer: Scott Olson/Getty)
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By:
CHRISTOPH RAUWALD
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By:
Bloomberg
|
October 14, 2020 06:47 PM

Volkswagen Group's heavy-truck division set a deadline for Navistar International Corp. to accept its takeover bid, dousing hopes for a richer offer than the $3.6 billion dangled last month.

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