Give Up And Sell Pleads Northrop Grumman As TRW Offer Extended
 TRW offers Northrop Grumman many products and technologies currently in high demand. |
Los Angeles - June 24, 2002
Northrop Grumman Corporation announced Monday that it has extended the expiration of its pending exchange offer for all outstanding shares of common and preferred stock of TRW Inc. (NYSE: TRW) from June 21, 2002, to Friday, June 28, 2002, at midnight EDT.
Approximately 3,308,407 shares of TRW common stock of which 563,436 shares are subject to guaranteed delivery; 1,719 shares of Cumulative Serial Preference Stock II, $4.40 Convertible Series 1 of which 26 shares are subject to guaranteed delivery; and 3,801 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 June 21, 2002. The tendered shares are subject to validation by TRW's transfer agent.
Northrop Grumman Corporation is an $18 billion, global defense company with its worldwide headquarters in Los Angeles. With nearly 100,000 employees and operations in 44 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.
Related Links
TRW
Northrop Grumman
SpaceDaily
Search SpaceDaily
Subscribe To SpaceDaily Express
Northrop Grumman Wants More TRW Stock
Los Angeles - Jun 03, 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 31, 2002, to Friday, June 14, 2002, at midnight EDT.
Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.
With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.
Our news coverage takes time and effort to publish 365 days a year.
If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution. |
SpaceDaily Contributor
$5 Billed Once
credit card or paypal
|
 |
SpaceDaily Monthly Supporter
$5 Billed Monthly
paypal only
|
|
 |
|