Markets & Finance

Northrop Revises Newport News Bid


Northrop Grumman (NOC) revised its bid for Newport News (NNS). Newport holders will get $67.50 per share if Northrop's stock does not rise above $100 or fall below $80. (11/6/01)

Security Capital Group (SCZ) will buy Storage USA (SUS) for $42 cash per share. (11/6/01)

divine inc. (DVIN) will purchase Data Return (DRTN) on the basis of 1.9876 shares of divine Cl. A common stock per Data Return share. (11/2/01)

A unit of Abengoa S.A. will buy High Plains Corp. (HIPC) for about $5.63 cash per High Plains share. (11/2/01)


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