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Northrop Grumman Wants More TRW Stock
Northrop Grumman Corporation said Friday that it has extended the expiration of its pending exchange offer for all outstanding shares of common and preferred stock of TRW Inc. from May 31, 2002, to Friday, June 14, 2002, at midnight EDT. Approximately 2,987,935 shares of TRW common stock of which 16,447 shares are subject to guaranteed delivery; 1,575 shares of Cumulative Serial Preference Stock II, $4.40 Convertible Series 1 of which 26 shares are subject to guaranteed delivery; and 3,745 shares of Cumulative Serial Preference Stock II, $4.50 Convertible Series 3 had been tendered to Northrop Grumman as of 5:00 p.m. EDT on May 31, 2002. The tendered shares are subject to validation by TRW's transfer agent. Northrop Grumman filed a registration statement on Form S-4 (File No. 333- 83672) and a tender offer statement on Schedule TO with the SEC on March 4, 2002 with respect to its offer to exchange all outstanding shares of TRW capital stock for Northrop Grumman stock. These documents contain important information. TRW shareholders should read these documents and any amendments or supplements thereto before making any decision regarding the offer to exchange. Copies of such documents may be obtained without charge at the SEC's website at www.sec.gov or from D.F. King & Co., Inc. the information agent for the offer to exchange, at 800-755-7250. Related Links TRW Northrop Grumman SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express Northrop Grumman Extends Offer For All Outstanding Shares Of Trw Inc. Los Angeles - May 20, 2002 Northrop Grumman Corporation said Friday that it has extended the expiration of its pending exchange offer for all outstanding shares of common and preferred stock of TRW Inc. from May 17, 2002, to Friday, May 31, 2002, at midnight EDT. TRW Signs Confidentiality Agreement Northrop To Explore Deals Cleveland (AFP) May 6, 2002 TRW said Monday it had signed a confidentiality agreement with defense giant Northrop Grumman as part of its review of strategic alternatives that could involve a merger. TRW Tries To Outflank Northrop As Hostile Bid Faces Test New York (AFP) May 2, 2002 TRW was scrambling to shore up its defense against against a hostile offer by Northrop Grumman that would create a powerhouse military contractor ahead of a key test Friday at a shareholder meeting. In the latest volley, Cleveland, Ohio-based TRW said Wednesday that Northrop was using "misstatements" in an effort to sway TRW shareholders to keep its 6.7 billion-dollar offer alive. TRW Keeps Heat On Northrop, Opens Books To Other Suitors Cleveland, (AFP) Apr 29, 2002 Defence contractor TRW lobbied its shareholders to reject a hostile takeover bid by Northrop Grumman Corp. Monday ahead of a critical May 3 shareholder meeting. TRW Digs In Its Defenses Over Northrop Grumman Bid New York (AFP) Apr 17, 2002 TRW dug in its defenses Wednesday against a hostile offer by Northrop Grumman, saying that a sweetened 6.7 billion-dollar offer was still "financially inadequate." DOJ Wants More Data On Northrop Grumman's Plan To Buy TRW Los Angeles - Apr 11, 2002 Northrop Grumman Corporation announced that it intends to comply promptly with a request received late yesterday from the U.S. Department of Justice for additional information under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 regarding its proposed acquisition of TRW Inc. Northrop Grumman Increases Offer For TRW To $53; Expires May 3 Los Angeles - Apr 14, 2002 Northrop Grumman Corporation announced last Sunday that it is amending its offer for TRW Inc. to $53 per share in value of Northrop Grumman common stock for each share of TRW. Northrop Grumman Optimistic
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