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
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?
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