TRW Inc.tells investors to take no action regarding an increased stock buyout bid from Northrop Grumman Corp. of $53 per share, or $6.7 billion. TRW consistently has maintained that Northrop’s original Feb. 22 bid of $47-per-share offer was too low and says the new offer still undervalues the company. However, the industrial conglomerate, which includes TRW Automotive, says it is accepting bids from other potential suitors and will begin sharing “non-public information with interested ...
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