Greenbrier Board Determines Icahn's $20/Share Bid is Inadequate

The Greenbrier Companies, Inc. (NYSE: GBX ) ("Greenbrier" or "the Company") today disclosed that the Company and its advisors have been engaged in discussions with Carl Icahn and his associates regarding an acquisition of Greenbrier by American Railcar Industries, Inc. (NASDAQ: ARII ) ("American Railcar") or an acquisition