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Defense contractor and auto parts maker TRW Inc. on Wednesday advised shareholders to reject Northrop Grumman Corp. s sweetened $6.7 billion takeover offer, calling the U.S. defense giant s bid financially inadequate.The Cleveland-based TRW said its board unanimously voted to reject the hostile $53 per share, all-stock bid, which Northrop submitted on Sunday night after revising its initial $47 per share offer.TRW, which makes defense and
stanley cups aerospace equipment and automotive parts including air bags and seat belts, said its proposal to spin off its automotive units would provide more value to shareholders. As we ve said all along, this is all about shareholder value and this bo
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stanley website sts of TRW shareholders, said TRW chairman Philip A. Odeen.TRW s board said the new offer continues to undervalue TRW s business and its opportunities, and said the company s current plan to accelerate its debt reduction and spin off its automotive parts business would offer shareholders more long-term value. Pursuant to Ohio law, TRW shareholders are scheduled to meet on April 22 to vote on whether the board should pursue the transaction. ponent--type-recirculation .item:nth-child 5 display: none; inline-recirc-item--id-926a099c-8c88-11e2-b06b-024c619f5c3d, right-rail-recirc-item--id-926a099c-8c88-11e2-b06b-024c619f5c3d display: none; inline-recirc-item--id-926a099c-8c88-11e2-b06b-024c619f5c3d ~ Qzwh This Gigantic German Gun Can Ruin Your Week from 30 Miles Away
Remember the 90s, when we had videos on VHS to teach us about this new thing called t
vaso stanley he internet Lucky for us, Andy Baio @waxpancake has preserved thos
stanley thermos mug e tapes for the YouTube generation. Baio whole playlist is six hours long, but might we suggest you start with Internet Power! Volume 1 Discover The World of Online Entertainment! Don ;t worry, the thrilling conclusion of Internet Power! Volume 2 is available too below . Baio goes into a lot more detail about how he digitalized the tapes, a project he actually started years ago,
stanley spain over at his blog. And we ;re while doing hyperlinks a concept explained in Volume 1 , here the whole six-hour playlist again. [via Kottke]
