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03 December 2008 The on-line newspaper devoted to the world of transports 06:12 GMT+1



August 7, 2001

Shipyard takeover still at a standstill

By Dennis O'Brien, The Virginian-Pilot

NEWPORT NEWS -- The waiting game continues for Newport News Shipbuilding as the competition to acquire the Peninsula yard enters its 14th week.

Original bidder General Dynamics, which expected quick government approval for its friendly bid for the yard, extended its $67.50 per share offer to buy the yard for the fourth ......
Read more on PilotOnline.com



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