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Stock Market & Financial Investment News

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November 29, 2012
11:44 EDTOSKOshkosh responds to Carl Icahn
Oshkosh issued the following statement in response to the press release Carl Icahn issued earlier today: "We encourage Oshkosh shareholders to ignore Carl Icahn's last minute plea to support his highly conditional, inadequate and opportunistic offer. Mr. Icahn continues to pursue flawed and ever-changing platforms, devoid of credible ideas or analysis. The Oshkosh Board and management team, however, have been successfully executing the Company's MOVE strategy, which is creating substantial value for shareholders and has enhanced our ability to return capital to them. We believe that our track record and forecasted outlook speak for themselves and encourage shareholders not to tender their shares into Mr. Icahn's inadequate offer." Goldman, Sachs & Co. is serving as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP and Foley & Lardner LLP are serving as legal advisors to the company.
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