Transactions
Aug. 6, 2002
Northrop's TRW Takeover Appears to Be on Course
Led by Andrew Bogen, a partner at Los Angeles' Gibson, Dunn & Crutcher, Northrop Grumman appears it will finally succeed in its takeover of TRW Inc. The merger deal, approved by TRW management but still awaiting shareholder approval, has Northrop Grumman paying $60 per share and assuming $5 billion in debt.
Led by Andrew Bogen, a partner at Los Angeles' Gibson, Dunn & Crutcher, Northrop Grumman appears it will finally succeed in its takeover of TRW Inc. The merger deal, approved by TRW management but still awaiting shareholder approval, has Northrop Grumman paying $60 per share and assuming $5 billion in debt.
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