TRW Inc.’s shareholders vote by a slim margin to open the company’s books to Northrop Grumman Corp., which is attempting a hostile takeover of the company that includes TRW Automotive. However, two other Northrop proposals are rejected, including one to establish a committee of independent directors to evaluate Northrop’s offer and a second asking TRW to let its shareholders sell stock to Northrop without a shareholder vote. Although the vote to open TRW’s confidential financial records ...
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