Northrop Grumman completes sale of TRW Automotive for $4.7B

Northrop Grumman said March 3 it has completed the sale of its TRW Automotive business, acquired during the December 2002 takeover of TRW Inc., to affiliates of the Blackstone Group for $4.7 billion. The move marks the end of Northrop Grumman's plans to sell or spin off the Automotive business while...

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