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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. Approximately 2,997,000 shares of TRW common stock; 1,395 shares of Cumulative Serial Preference Stock II, $4.40 Convertible Series 1; and 3,479 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 16, 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. Community Email This Article Comment On This Article Related Links TRW Northrop Grumman SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
Stratos Steps Closer To Xantic Acquisition
Bethesda MD (SPX) Jan 5, 2006Stratos Global recently announced it had taken a step closer toward the completion of the acquisition of Xantic, having received positive advice from the Works' Council in the Netherlands, and executed a definitive agreement to purchase Xantic from KPN and Telstra Corporation. |
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