Billionaire Carl Icahn withdrew his bid to purchase truck manufacturer Oshkosh Corp. after his latest offer failed to tender his threshold of 25% of the company’s shares. His offer had valued the company at about $3 billion, and 22% of shares were tendered. Reportedly, Icahn could still wage a second successive proxy battle for control of the company’s board of directors.
Icahn withdraws bid to purchase Oshkosh Corp.
Get Our Email Newsletter
The companies, people and issues shaping business in Madison and the Capital Region.
