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Oshkosh/JLG Passes Fed Hurdle

Posted on November 22, 2006

The expiration of the Hart-Scott-Rodino waiting period satisfies one of the conditions to Oshkosh's acquisition of JLG. Consummation of the merger, which is expected to occur in early December, remains subject to other customary closing conditions, including approval of the merger by JLG's shareholders.

Oshkosh Truck Corp. and JLG Industries, Inc. jointly announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed merger of a wholly-owned subsidiary of Oshkosh with JLG.

The expiration of the Hart-Scott-Rodino waiting period satisfies one of the conditions to Oshkosh's acquisition of JLG. Consummation of the merger, which is expected to occur in early December, remains subject to other customary closing conditions, including approval of the merger by JLG's shareholders.

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