Oshkosh takover attempt

An in class case study...

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    Carl Icahn takeover man 60 Minutes

    At age 76, Carl Icahn is still shaking up corporate boards, criticizing management and demanding board seats. His hedge fund was one of the top performers in 2011 and has a long term track record of approximately 30%pa. His conglomerate Icahn Enterprises, invests in rail cars, retail, gaming, energy and automotive.

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    Who is Carl Icahn? Icahn Calling: The Ring Every CEO Fears

    Your next video will start in Jan. 17 (Bloomberg) -- Hain Celestial Chairman, Founder and CEO Irwin Simon discusses his dealings with billionaire investor Carl Icahn on Bloomberg Television's "In The Loop." (Source: Bloomberg) This text has been automatically generated. It may not be 100% accurate. ZIP is required for U.S.

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    Before the takeover: Letter from Ichan

    This was from before the takeover context when Ichan was trying to his people on the board via a proxy vote. "I believe that my nominees have excellent operational and financial qualifications and that their experience would be extremely beneficial to Oshkosh and its shareholders to move this company to develop a value enhancing strategy. I urge shareholders to vote the GOLD card for Alapont, Gustafson, Intrieri, Krongard, Merksamer and Ninivaggi to send a message to the company and deliver the necessary change to take Oshkosh into the future. If you have already voted the white card, you can still change your vote by now voting the GOLD card. Sincerely, Carl C. Icahn"

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    Icahn Seeks Oshkosh Takeover

    Billionaire investor Carl Icahn offered Thursday to buy the Oshkosh Corp. shares he doesn't already own as part of a renewed push to gain control of the specialty truck maker's board and dismantle the company.

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    Understanding Carl Icahn's Oshkosh Strategy

    " A lot of people die fighting tyranny. The least I can do is vote against it." - Carl Icahn at Texaco annual meeting. Jan. 20, 1988 Right on top of the Icahn report, you will see this little notice which sums up Carl Icahn's takeover philosophy.

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    Icahn's Truck Ride Is an Accident Waiting to Happen

    Updated with analyst comments starting in ninth paragraph NEW YORK ( TheStreet) - A possible merger between two of Carl Icahn's major investments -- big-rig manufacturers Oshkosh and Navistar -- may end in the flames and twisted steel of a truck crash if his history is any guide.

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    Icahn's Takeover Attempt and Poison Pill Indicate Buying Opportunity

    Anh is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. Activist investors "actively" seek investment profits by investing significantly in a company, taking over a board of directors, making changes at a top management level and implementing different corporate governances and/or different business strategies.

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    Crain's Chicago Business : Navistar to play more defenses

    " Federal antitrust regulators undoubtedly would scrutinize a merger between two companies that control up to 70% of the U.S. Defense Department's outlays on trucks. "

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    State of Wisconsin Investment Board rejects Icahn's Oshkosh takeover effort

    CREATED Nov. 2, 2012 MADISON- The State of Wisconsin Investment Board says it doesn't approve of billionaire investor Carl Icahn's proposed takeover of Oshkosh Corp. The board said Friday it believes Icahn's offer to acquire all of the outstanding common shares of the Oshkosh-based truck manufacturer for $32.50 per share would undervalue the company and would not be in the best interest of investors.

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    Trucking Co. Oshkosh Roundly Rejects $3B Icahn Takeover Bid

    Law360, New York (October 26, 2012, 1:43 PM ET) -- Truck manufacturer Oshkosh Corp. on Friday rejected a takeover attempt by activist investor Carl Icahn, calling the $3 billion deal opportunistic and accusing the billionaire of trying to line his own pockets at the expense of the company's other shareholders.

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    Oshkosh profit up, board rejects Icahn takeover offer

    Weak defense sales more than offset double-digit increases in other segments, and the company said it plans to cut 490 defense jobs in January. Shares rose 1.0 percent to $30.05 as Oshkosh forecast non-defense equipment sales would continue to increase next year as U.S. housing recovers and international orders for emergency equipment rise.

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    Billionaire Carl Icahn giving up bid to buy Oshkosh Corp. : Wsj

    NEW YORK - Billionaire investor Carl Icahn is giving up his bid to buy truck maker Oshkosh Corp. after less than 25 percent of the company's shares were tendered before his offer expired. Last week, Icahn made it clear that he would walk away from his bid that valued the company at about $3 billion if the threshold wasn't met.

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    Oshkosh ends Icahn war with a victory dance

    Oshkosh Corp. is having an exceptional Friday. Before the open, the Wisconsin truck and military vehicles manufacturer reported a stellar 20% jump in fourth-quarter profit, raised their full-year earnings outlook, sat back and watched Oshkosh's share price race 16% to $40.12, a confident looking 52-week high.

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    Oshkosh Axes Takeover Defense After Icahn Tables Buyout Bid

    Law360, New York (January 07, 2013, 12:14 PM ET) -- Truck manufacturer Oshkosh Corp. on Monday fast-tracked the expiration of a shareholder rights plan that would have protected it against a takeover, easing its defenses about a month after activist investor Carl Icahn abandoned his $3 billion bid to buy the company.

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