http://www.constructionequipment.com...html?rssid=109
Yeah, it is crazy when they are barely keeping their heads above water. In April, the NYSE shut down trading of Navistar for a while because it's stock had fallen so fast in a single morning. A drowning person can't save another drowning person-neither can companies. When you buy a company out of bankruptcy there is little risk. You get all the assets without all the debt. FIAT already got that. There would be no upside to either Navistar or PACCAR buying Chryco from FIAT. FIAT would demand a premium, if they'd sell at all.