GD Extends NNS Tender Offer

Monday, September 17, 2001
General Dynamics (NYSE: GD) extended its pending tender offer for all outstanding shares of common stock (including associated rights) of Newport News Shipbuilding Inc. (NYSE: NNS) to midnight, EDT, on September 21, 2001. The offer was previously scheduled to expire at midnight, EDT, on September 14, 2001. As of the close of business on September 14, 2001, approximately 15,994,698 shares of Newport News had been tendered. The lower number of shares tendered as of September 14 compared with the number tendered as of the prior scheduled expiration of the tender offer on August 31, 2001 is attributed to the closing of the U.S. financial markets, the interruption of deliveries to the General Dynamics depositary and other disruptions caused by the terrorist attacks of September 11, 2001.
Maritime Reporter October 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


DP World Leading M.E. Investor - MEIRS Awards

Global marine terminal operator DP World has collected an impressive four awards including the Grand Prix of ‘Leading Corporate for Investor Relations in the

Diana Fixes Panamax

Diana Shipping Inc. today announced that through a separate wholly-owned subsidiary, it entered into a time charter contract with Cargill International S.A.,

New Orleans Port, CORBA Join forces‏

An agreement signed today by Port of New Orleans officials and industry leaders from the Central Ohio River corridor could help spur commerce between the two regions.

Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1695 sec (6 req/sec)