Northrop Grumman in $3.6 billion deal for Westinghouse defense
Northrop Grumman agreed to pay some $3.6 billion for Westinghouse's defense electronics business, unveiling a deal yesterday rich enough to make a challenge by rival suitors unlikely. Apart from $3 billion in cash, Northrop Grumman will take on some $600 million in unfunded pension liability for the...
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