Best Defense?

Topics:
Deal Structure
Tags:
Aerospace & Defense,
Manufacturing,
TRW
Source:
CFO Publishing

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Overview: The article focuses on the company Northrop which extended its deadline for purchasing TRW. But TRW management seemed to have its own plans. The embattled defense contractor TRW Inc. reportedly set a deadline for suitors interesed in buying the company's aeronautical-systems unit. TRW's apparent deadline-setting undoubtedly come in response to Northrop Grumman Corp.'s earlier announcement that it was extending its current deadline. Just as this, few takeover battles have generated as much animosity -- or focused as much on personalities -- as Northrop's bid for TRW. Read the article to get a complete view of the case.

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Format: HTML | Date: May 2002 | Pages: 2

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