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Oct 9, 2012

TRUCKMAKERS NEWS * USA


* Illinois - Navistar cuts deal with Icahn and Rachesky to replace 3 board members

Warrensville,ILL,USA -Fleet Owner, by Brian Straight -Oct. 8, 2012: -- Under increasing pressure from investors Carl Icahn and Mark RacheskyNavistar International Corp. has agreed to add three people to its board of directors. The three will replace existing board members, Navistar said... Rachesky and Vincent J. Intrieri will join the board and the third member will be a mutually-agreed upon director between Navistar, Icahn’s Icahn Partners (Icahn) and Rachesky’s MHR Fund Management (MHR)...

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