Oshkosh Offers Response to Recent Icahn Statement
Oshkosh Corporation (NYSE: OSK), a leading manufacturer of specialty vehicles and vehicle bodies, today 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.
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