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American Railcar Industries Inc (ARII.OQ)

ARII.OQ on NASDAQ Stock Exchange Global Select Market

69.99USD
16 Nov 2018
Change (% chg)

$-0.11 (-0.16%)
Prev Close
$70.10
Open
$70.08
Day's High
$70.18
Day's Low
$69.95
Volume
125,372
Avg. Vol
53,521
52-wk High
$70.48
52-wk Low
$34.80

Latest Key Developments (Source: Significant Developments)

American Railcar Says If Deal Is Terminated Due To Change Of Board Recommendation, Co Shall Pay STL A Termination Fee Of $65 Mln
Monday, 22 Oct 2018 

Oct 22 (Reuters) - American Railcar Industries Inc ::AMERICAN RAILCAR - IF DEAL IS TERMINATED DUE TO CHANGE OF BOARD RECOMMENDATION, COMPANY SHALL PAY STL A TERMINATION FEE OF $65 MILLION.AMERICAN RAILCAR - ITE RAIL FUND L.P. COMMITTED TO CONTRIBUTE TO STL AN EQUITY CONTRIBUTION EQUAL TO $440 MILLION PRIOR TO OR AT CLOSING OF DEAL.  Full Article

Icahn Enterprises Announces Definitive Agreement To Sell American Railcar Industries
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Icahn Enterprises LP ::ICAHN ENTERPRISES L.P. ANNOUNCES DEFINITIVE AGREEMENT TO SELL AMERICAN RAILCAR INDUSTRIES, INC. AT VALUE OF APPROXIMATELY $1.75 BILLION.ICAHN ENTERPRISES L.P. ANNOUNCES DEFINITIVE AGREEMENT TO SELL AMERICAN RAILCAR INDUSTRIES, INC. AT VALUE OF APPROXIMATELY $1.75 BILLION.ICAHN ENTERPRISES LP - WITH DEAL, IEP'S INVESTMENT IN ARI HAS GENERATED TOTAL RETURN OF 423%, FOR PROFIT OF ABOUT $757.2 MILLION.  Full Article

American Railcar Industries Announces $1.75 Billion Definitive Merger Agreement
Monday, 22 Oct 2018 

Oct 22 (Reuters) - American Railcar Industries Inc ::AMERICAN RAILCAR INDUSTRIES, INC. ANNOUNCES DEFINITIVE MERGER AGREEMENT.AMERICAN RAILCAR INDUSTRIES INC - TRANSACTION IS VALUED AT APPROXIMATELY $1.75 BILLION.AMERICAN RAILCAR INDUSTRIES INC - DEAL FOR $70.00 PER SHARE.AMERICAN RAILCAR INDUSTRIES INC - TRANSACTION IS NOT SUBJECT TO ANY FURTHER DUE DILIGENCE OR ANY FINANCING CONDITIONS..AMERICAN RAILCAR INDUSTRIES INC - ENTERED INTO A DEFINITIVE AGREEMENT TO MERGE WITH A WHOLLY-OWNED SUBSIDIARY OF ITE RAIL FUND L.P..AMERICAN RAILCAR INDUSTRIES INC - TRANSACTION IS EXPECTED TO CLOSE IN Q4 OF 2018.  Full Article

American Railcar Industries Announces Long-Term Railcar Supply Agreement With GATX
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - American Railcar Industries Inc ::AMERICAN RAILCAR INDUSTRIES, INC. ANNOUNCES LONG-TERM RAILCAR SUPPLY AGREEMENT WITH GATX.AMERICAN RAILCAR INDUSTRIES - LONG-TERM SUPPLY AGREEMENT WITH GATX CORPORATION HAS CURRENTLY ESTIMATED BACKLOG VALUE OF ABOUT $750 MILLION.  Full Article

American Railcar Industries Says Unit Entered Railcar Purchase & Sale Agreement With ACF Industries, A Co Controlled By Carl Icahn
Thursday, 5 Jul 2018 

July 5 (Reuters) - American Railcar Industries Inc ::AMERICAN RAILCAR INDUSTRIES - ON JUNE 28, UNIT ENTERED RAILCAR PURCHASE & SALE AGREEMENT WITH ACF INDUSTRIES, A CO CONTROLLED BY CARL ICAHN.AMERICAN RAILCAR INDUSTRIES - RAILCAR PURCHASE & SALE AGREEMENT UNANIMOUSLY APPROVED BY INDEPENDENT DIRECTORS OF ARI’S AUDIT COMMITTEE.AMERICAN RAILCAR INDUSTRIES - PER TERMS OF AGREEMENT, UNIT AGREED TO BUY FROM ACF CERTAIN TANK RAILCARS TO BE MANUFACTURED AT ACF’S MILTON FACILITY.  Full Article

American Railcar Industries Names John O'Bryan As CEO
Tuesday, 6 Feb 2018 

Feb 5 (Reuters) - American Railcar Industries Inc ::AMERICAN RAILCAR INDUSTRIES, INC. NAMES JOHN O’BRYAN PRESIDENT AND CHIEF EXECUTIVE OFFICER.  Full Article

American Railcar Industries Says CEO's Employment With Company Terminated
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - American Railcar Industries Inc ::AMERICAN RAILCAR INDUSTRIES SAYS ‍ON DEC 31, 2017, CEO JEFFREY HOLLISTER'S EMPLOYMENT WITH COMPANY TERMINATED - SEC FILING​.AMERICAN RAILCAR INDUSTRIES-ON DEC 29, 2017, BOARD APPOINTED JOHN O'BRYAN AS PRESIDENT, INTERIM CEO OF ARI, EFFECTIVE AS OF JANUARY 1, 2018.  Full Article

AMERICAN RAILCAR INDUSTRIES REPORTS Q3 EARNINGS PER SHARE $0.46
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - American Railcar Industries Inc ::AMERICAN RAILCAR INDUSTRIES, INC. REPORTS THIRD QUARTER 2017 RESULTS.Q3 EARNINGS PER SHARE $0.46.Q3 REVENUE FELL 17 PERCENT TO $120.7 MILLION.Q3 EARNINGS PER SHARE VIEW $0.56 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE VIEW $122.2 MILLION -- THOMSON REUTERS I/B/E/S.‍CO'S BACKLOG AS OF SEPTEMBER 30, 2017 WAS 2,683 RAILCARS​.  Full Article

Deals of the day-Mergers and acquisitions

Oct 22 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: