Tag Archives: navistar

Carl Icahn Makes $3B Offer for Oshkosh

Activist investor Carl Icahn offered on Thursday to buy all outstanding shares of military truck manufacturer Oshkosh Corp. for $3 billion, or $32.50 per share, according to Bloomberg. Icahn, who is the company’s largest shareholder with a 9.45 percent stake, made an offer that is 21 percent higher than Oshkosh’s …

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Gen. McChrystal to Chair Siemens Govt Tech; Judy Marks Eyes Health, Energy, Infrastructure Gains

Siemens (NYSE: SI) has appointed retired Army Gen. Stanley McChrystal chairman of the board of directors for the company’s federal business organization, Siemens Government Technologies, the company announced Monday. McChrystal, a 34-year Army veteran, served as commander of U.S. and NATO operations in Afghanistan from 2009 to 2010, when he retired. McChrystal joined …

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Navistar $224M Debt Sale Will Raise Wholesale Funding to $1.1B in Jan. 2012

Navistar International Corp.’s (NYSE: NAV) financial affiliate has raised $224 million to support its dealer inventory funding by selling wholesale floor plan notes in a two-year 144-A transaction. The company said the offering will raise Navistar Financial Corp.’s total wholesale funding to $1.1 billion in January 2012 when a current …

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