I wonder if a buyout is imminent. I notice Oshkosh is up today over 14% (allegedly based on good earnings). I don't ever remember seeing such a big move on that stock. Is it a coincidence in timing, or are they ramping up Oshkosh shares to use as currency to buy NAV? It's interesting that both stocks are up today (especially considering The Street is trying to push NAV down with today's downgrade). Anything is possible when five entities own approx. 60% of the company. Only time will tell how this one is going to play out... I think steady hands will be rewarded on this one. I'm holding onto the seat of my pants and my shares waiting for the long awaited announcement.
Who and why? Freightliner, Paccar, and Volvo all have big distribution networks and full product offerings. They would get nothing by acquiring it - except a ton of lawsuits from Dealers.
Private Equity firm? Seeing their massive pension liability and lack of engine strategy, it is hard to imagine the selling points. Dealers are also a very unfriendly group. PE firms dont like litigous folks like dealers.
Oshkosh - See what happened to OSK last time they did a large acquisition (JLG). Mgmt wont be doing that again anytime soon.
whew,,,,,,, are you crazy? OSK isn't going to negotiate a share exchange with NAV and its board for anything. Your post makes no sense. Why would they sell the company before they fix it anyqay? Plus do you rea;;y believe Icahn wants OSK stock after he just sold his 10% for less than its trading at?