Litton Shelves $1.8B Bid For Newport

July 12, 1999

Defense and electronics giant Litton Industries Inc. reportedly withdrew its $1.8 billion offer to buy Newport News Shipbuilding Inc. because of opposition from the U.S. government.

Litton Shelves $1.8B Bid For Newport

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Litton Shelves $1.8B Bid For Newport

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