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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. Related Links TRW Northrop Grumman SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express 
TRW Signs Confidentiality Agreement Northrop To Explore Deals
Cleveland (AFP) May 6, 2002TRW 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. |
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