Mk Rail Seeking Takeover Offers

Directors for locomotive manufacturer MK Rail Corp. are seeking takeover offers.

Tim Wesley, a company spokesman, said Wednesday MK Rail believes a sale would be the way to get the best value for shareholders, now that Morrison Knudsen Corp. has said it will sell its 65-percent stake in the Pittsburgh company.

Morrison Knudsen, based in Boise, announced in March that it would sell its stock as part of a corporate restructuring program aimed at restoring its financial health.