Markets & Finance

Newport News Ships Out

Posted on April 24, 2001

General Dynamics (GD

) agreed to buy Newport News Shipbuilding (NNS

) via a $67.50-per-share cash tender offer.

Aurafin LLC will buy Oromerica (OROA

) for $14 per share.

Springs Industries (SMI

) agreed to a recapitalization pact with Heartland Springs Investments whereby its holders will get $46 per share.

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Sponsored Links

Buy a link now!

blog comments powered by Disqus