Avondale Prepared To Accept Revised Litton Offer

June 2, 1999

Avondale Industries Inc. will reportedly accept an increased cash takeover bid from Litton Industries Inc., forgoing a previous all-stock merger agreement with Newport News Shipbuilding Inc.

Avondale Prepared To Accept Revised Litton Offer

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Avondale Prepared To Accept Revised Litton Offer

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