TRW rejects Northrop Grumman bid; offer may be extended
Northrop Grumman will announce May 6 whether it will extend its stock exchange offer for TRW Inc., after shareholders of that company appeared to vote May 3 to reject the takeover offer. Northrop Grumman sought to have TRW shareholders waive Ohio law barring takeovers from out-of-state companies...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.