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22:30 GMT+2
November 6, 2001
Newport News Shipbuilding Receives Revised Proposal From Northrop
Grumman
Newport News Shipbuilding said that it has received a revised
proposal from Northrop Grumman Corporation in which the "collar"
used in determining the amount of Northrop Grumman Common Stock
and cash to be received by Newport News stockholders would be
adjusted so that Newport News stockholders would receive a value
of $67.50 per share if the market
...... Read more on MaritimeToday.com
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