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Oshkosh vs. Icahn * USA
* New York - Each claim advisory firm backing
New York,NY,USA -AP/CBS Money Watch -January 18, 2012: -- Two proxy firms backed truck maker Oshkosh Corp.'s own nominees to its board, while a third major shareholder advisory firm on Wednesday endorsed some of activist investor Carl Icahn's nominees... Institutional Shareholder Services Inc. recommended that shareholders vote for three of the six Icahn-backed candidates: Jose Maria Alapont, A.B. Krongard and Samuel Merksamer... Icahn, who holds 9.5 percent of the company's outstanding shares, said the partial endorsement shows ISS believes " the path forward for Oshkosh's board should include shareholder-nominated directors" ... Oshkosh countered with recommendations from Glass Lewis & Co. and Egan-Jones Proxy Services, both of which said investors should vote for all of the company's nominees to the 13-member board... Shareholders will meet to vote Jan. 27...
Labels: truckmakers news USA
posted by Unknown @ 12:00 PM
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