Article: Defense Brief.(Blackstone Group acquires TRW Automotive from Northrop Grumman)(Brief Article)

Northrop Grumman [NOC] yesterday said it has completed the $4.7 billion sale of TRW Automotive to The Blackstone Group in a deal that will help the defense contractor substantially cut its debt and allows it to focus on the integration of TRW's defense assets. The sale price includes $3.9 billion in cash and debt retained by TRW Automotive, a $600 ...

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