U.S. Study Questions Shipyard Acquisition
By Reuters
WASHINGTON, May 29 - The General Dynamics Corporation's
contested $2.1 billion plan to take over Newport News Shipbuilding
Inc. could stifle competition in United States warship building,
a Congressional analysis released today showed.
The new company would acccount for about 70 percent of United
States warship revenues and 82 percent of the corporate
...... Read more on The New York Times
|