American Railcar Industries

Greenbrier plus ARI: Let the games begin

The Greenbrier Companies, one of only a handful of remaining domestic railcar manufacturing companies, late yesterday said that Carl Icahn’s current attempt to have American Railcar Industries (ARI), of which he is majority shareholder, acquire Greenbrier (in which he also has a stake) “grossly undervalues the company and is not in the best interests of Greenbrier stockholders.”