Deals
Northrop Raises Bid for TRW
AT&T Wireless is reportedly in talks to be bought by Cingular Wireless, and more merger news
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Northrop Grumman (NOC ) increased its hostile bid for TRW Inc. (TRW ) to $53 a share, or $6.68 billion. TRW has rejected Northrop's initial offer of $47 per share ($5.9 billion), plus the assumption of $5 billion in debt. (4/15)
AT&T Wireless (AWE ) is reportedly in talks to be bought by Cingular Wireless, which 60% owned by SBC and 40% by BLS (from Bloomberg). (4/15)