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An aerial view of BWI Marshall Airport with downtown Baltimore in the background in September 2009. Planning for a new airport on 3,200 acres (1,300 ha) to serve the Baltimore–Washington metropolitan area began in 1944, just prior to the end of World War II, when the Baltimore Aviation Commission announced its decision that the best location to build a new airport would be on a 2,100-acre ...
If the plan were triggered by an outside investor taking a stake of 15 percent or more in the company, then Navistar would issue its shareholders rights that would let them buy new common stock in the company at a discount of 50 percent: For each share held, the investor could buy $280 worth of new shares for $140.
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