Newport News Ships Out

Also: news on Oromerica and Springs Industries

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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