Independent journal on economy and transport policy
08:32 GMT+2
Northrop Grumman and NNS ink acquisition agreement
(Marine Log)
November 8, 2001
Northrop Grumman Corporation and Newport News Shipbuilding Inc. have signed a definitive agreement under which Northrop Grumman will acquire Newport News Shipbuilding.
The two boards approved terms under which Northrop Grumman will acquire all the outstanding shares of Newport News.
NNS shareholders may elect to receive either $67.50 per share in cash or ...... Read more on Marine Log
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