Independent journal on economy and transport policy
19:12 GMT+2
Shipyard takeover still at a standstill
(PilotOnline.com)
August 7, 2001
By Dennis O'Brien, The Virginian-Pilot
NEWPORT NEWS -- The waiting game continues for Newport News Shipbuilding as the competition to acquire the Peninsula yard enters its 14th week.
Original bidder General Dynamics, which expected quick government approval for its friendly bid for the yard, extended its $67.50 per share offer to buy the yard for the fourth ...... Read more on PilotOnline.com
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