23.10.2012

Lasky among Icahn nominees

Carl Icahn has said that ex JLG chief executive Bill Lasky will be among the list of directors he is trying to get onto the Oshkosh board as part of his attempt to take over the business and break it up.
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Bill Lasky

Icahn’s so far informal offer is conditional on shareholders first agreeing to elect his list of directors in order to give him control of the board. He is the largest single shareholder, but only owns 9.45 percent of the outstanding shares. He says that he will offer to buy the business at $32.5 per share in cash. See Icahn bids for Oshkosh

Lasky left JLG in December 2006, shortly after overseeing its acquisition by Oshkosh he is chairman of Accuride having joined the company in 2007, he is also chairman of Stoneridge Inc.