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Investor Carl Icahn told CNBC that a potential merger between Navistar International Corp. and Oshkosh Corp. would “be a good merger” that would “create a lot of synergies.”

He told CNBC he “would be supportive” of a merger, and “I think the shareholders of both companies would benefit.”

and holds a similar stake in Oshkosh, which makes specialty vehicles including for the military and emergency services.