Description:  Carl Icahn, the billionaire activist investor, offered to buy Oshkosh Corp. (OSK) for about $3 billion, saying the supplier of military vehicles’ management has failed to deliver on pledges to improve profitability.

Source: Businessweek.com

Date: Oct 11, 2012

Link:  http://www.businessweek.com/news/2012-10-11/icahn-makes-offer-to-acquire-oshkosh-in-3-billion-deal#r=bloomberg

Questions for Discussions:

• What are the financial and the managerial issues the firm is dealing with?
• Do you think the complaints levied against management are justified?
• Do you consider the current offer worthy of consideration by the firm?
• What would you advise shareholders?