Traton close to deal to buy remainder of Navistar for $44.50 per share

Traton and Navistar are very close to a deal for Traton to acquire what it does not own of the company for $44.50 a share, people close to the negotiations tell CNBC. Carl Icahn and Mark Rachesky are supporting the deal, which still needs formal approval, but has been agreed to verbally. CNBC's David Faber reports.
Fri, Oct 16 202010:21 AM EDT