Icahn Sees Positives in Potential Navistar-Oshkosh Merger

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.