Hints and tips:
...Mr Icahn told the Financial Times that he was no longer pushing for a tie-up with Navistar, but said a sale or spin-off of JLG, Oshkosh’s mobile lifting equipment arm, might be appropriate....
...Oshkosh Trucks, the American maker of heavy military vehicles, is to announce today a $3bn takeover of JLG Industries, which makes aerial-work platforms, booms and related equipment, MarketWatch reports....
...Oshkosh Trucks on Monday announced plans to pay $3bn for JLG Industries, a maker of construction lifting gear, to balance the US equipment group’s rapidly-growing defence business....
...Shares in JLG Industries soared 32.82 per cent, or by $6.71, to $27.56 after Oshkosh Truck said it would acquire the company for $3.2bn....
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