|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
: Billionaire investor Carl Icahn gave up his bid to buy truck maker Oshkosh after less than 25 percent of the company's shares were tendered before his offer expired.
SHAKE-UP SOUGHT: Icahn, who is known for buying stakes in struggling companies and then shaking them up with mixed results, had maintained that Oshkosh needs new management and a new strategy.
'OPPORTUNISTIC': But Oshkosh recommended that shareholders reject Icahn's offer, calling it "highly conditional, inadequate and opportunistic." Oshkosh's stock fell nearly 4 percent Tuesday.