Northrop vs. TRW Case Solution
TRW's board is confronted with a tough choice on which they vote in few daysand that is if the board should reject the offer? Or whether should the board get into a good deal with Northrop? Or should they set TRW in so called "Revlon way" and sell the business to the highest bidder? This case, grounded in the particulars of the rigorous anti-taker laws of Ohio, investigates the responsibilities of the board, hostile tender offers, defensive strategies, and fixed price exchange. It's for use in an advanced class on acquisitions and mergers.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: March 17, 2003