Markets & Finance

Newport News Ships Out


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.


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