Hedge fund gurus Mark Rachesky and Carl Icahn both bought truck loads (pardon my pun) of shares in the company Navistar (NAV). Rachesky’s hedge fund, MHR Fund now owns 15.8% of the company’s shares and Icahn 16.5%. Both of these seasoned investors are well know for taking ownership stakes in a company to increase shareholder returns. One to watch.
