JLG parent Oshkosh Corp and activist investor Carl C Icahn are showing no signs of backing away from another battle for shareholder allegiance.

The corporation has underscored the benefits of its MOVE business strategy at every opportunity, and Icahn minced few words in disparagingg management and directors of the Oshkosh-based company.

Icahn interests filed a tender offer on17 October for Oshkosh shares, and the company's board of directors 26 October flatly recommended rejection of the Icahn offer of USD32.50 per share or about USD3 billion.

New York-based Icahn shot back in an 8 November letter to Oshkosh shareholders, saying the board's letter of rejection "is frankly a blatant and insulting obfuscation of my intent and the facts." In the letter, Icahn casts aspersions on the Oshkosh management record and again calls for the spin-off of the JLG aerial work platform business. The tender offer expires 3on December unless extended.

At the 27 January 2012 annual meeting, Oshkosh shareholders sided with management in electing directors.