Independent journal on economy and transport policy
14:52 GMT+1
Northrop Grumman Completes Merger with Litton Industries Inc.
(MaritimeToday.com)
May 31, 2001
Northrop Grumman Corporation announced today that it has completed the acquisition of all shares of Litton Industries Inc. common stock not previously purchased in its tender offer for Litton that expired on April 2, 2001.
As a result of the statutory merger completed Wednesday, Northrop Grumman now owns 100 percent of Litton's common stock. Litton shareholders ...... Read more on MaritimeToday.com
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