— The truckmaker's stock surged 21% after CNBC's David Faber reported that Volkswagen's Traton unit was in talks to buy the rest of Navistar. The companies are very close to a deal at $44.50 per share, according to people close to the negotiations.
– Shares of the bank jumped more than 22% after the company announced that it will merge with First Citizens in an all-stock deal. The combined company will be the 19th largest U.S. bank as measured by assets. Shares of First Citizens were up about 8% following the announcement.
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