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Could coronavirus derail VW’s Navistar purchase?

Although Volkswagen (OTCPK:VWAGY) still wants to buy Navistar (NAV -6.3%), the coronavirus crisis will require the automaker to conserve cash as it closes plants and cuts back on production.
“The current liquidity outlook does not take into account a Navistar takeover,” VW CFO Frank Witter declared.
“We have not …

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