Carl Icahn's tender offer to buy the outstanding shares of specialty vehicle manufacturer Oshkosh Corp. did not reach the 25% threshold, and he has stated the offer will not be extended. We are affirming our ratings, including the 'BB' corporate credit rating, on Oshkosh and removing them from CreditWatch with negative implications. The outlook is stable because we believe the risks to financial policy and changes in business mix we associated with the tender offer have been reduced. NEW YORK (Standard&Poor's) Dec. 4, 2012--Standard&Poor's Ratings Services said today that it affirmed its ratings, including the 'BB' corporate credit rating, on Oshkosh, Wis.-based Oshkosh Corp. and removed the ratings from CreditWatch with negative implications, where they had
