business

Lockheed: Never Say Die

Even as it prepares to go to trial, Lockheed Martin clings to the hope of buying Northrop Grumman in a settlement with the Justice Dept. The defense contractor has hired Attorney Robert D. Joffe, a top litigator who has settled antitrust cases such as Time Warner's purchase of Turner Broadcasting. Justice has moved to block the deal in court. But with the Microsoft probe and other mergers preoccupying trustbusters, analysts say Lockheed has a shot.

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