Navistar International (NAV) Pops on Icahn Offer for Oshkosh
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Navistar (NAV) Off Highs as Icahn Said Not Intersted in Combo with Oshkosh (OSK)
October 11, 2012 3:24 PM EDTNavistar International (NYSE: NAV) comes off highs as Carl Ichan said he is not interested in combining Oshkosh (NYSE: OSK) and Navistar.
Earlier, Icahn launched a $32.50/share hostile bid for Oshkosh and in the past he felt a combination of the two would make sense.... More
Icahn Initiates $32.50/Share Hostile Offer for Oshkosh (OSK)
October 11, 2012 11:27 AM EDTCarl C. Icahn today announced his intention to initiate an any and all tender offer for the outstanding shares of common stock of Oshkosh Corporation (NYSE: OSK) at $32.50 per share in cash. The tender offer price represents a premium of approximately 21% over the stocks closing price on October 10, 2012 (the trading day immediately prior to this announcement), which was $26.85. Mr. Icahn also announced his intention to nominate a slate of directors for election to the Oshkosh board at the upcoming annual meeting.
The tender offer will not be subject to due diligence or... More
Icahn announce $32.50 per share tender for Oshkosh (OSK)
October 11, 2012 11:22 AM EDTIcahn announced $32.50 per share tender for Oshkosh (NYSE: OSK).... More
