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Icahn Acquires Nearly 10 Percent Stake In Oshkosh

Defense Daily Staff Defense Daily Staff
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Private equity investor and sometimes corporate raider Carl Icahn has acquired a 9.5 percent stake in Oshkosh Truck Corp. [OSK], the diversified manufacturer of commercial, defense and emergency trucks and vehicles said on Friday. Icahn’s holding company, Icahn Enterprises, LP [IEP], which invested $129.5 million for Oshkosh’s shares, said the company’s stock is “undervalued” and that it plans to discuss ways with the company of “enhancing shareholder value.” Oshkosh mentioned the investment on Friday and shares of the company’s stock…

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