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Icahn Sees Positives in Potential Navistar-Oshkosh Merger

12/7/2011 10:30:00 AM
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Investor Carl Icahn told CNBC that a potential merger between Navistar International Corp. and Oshkosh Corp. would “be a good merger� that would “create a lot of synergies.�

He told CNBC he “would be supportive� of a merger, and “I think the shareholders of both companies would benefit.�

Icahn bought a 9.8% stake in Navistar in October and holds a similar stake in Oshkosh, which makes specialty vehicles including for the military and emergency services.

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