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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