American Railcar and Greenbrier Fall as Deal Seems Unlikely
December 20, 2012 at 16:43 PM EST
Railcar manufacturers Greenbrier (NYSE: GBX ) and American Railcar Industries (NASDAQ: ARII ) both traded lower on Thursday as investors speculate that a proposed merger of the two companies is unlikely. Corporate raider Carl Icahn owns a majority of St. Charles, Missouri-based American Railcar's stock and as Chairman