Free Republic
Browse · Search
General/Chat
Topics · Post Article


1 posted on 08/05/2006 11:05:20 AM PDT by edcoil
[ Post Reply | Private Reply | View Replies ]


To: edcoil

Call or look up Northrop on the Internet. Find out the terms of acquisition, i.e. how many shares of Northrop for one of Litton.


2 posted on 08/05/2006 11:10:49 AM PDT by neverdem (May you be in heaven a half hour before the devil knows that you're dead.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: edcoil

Here.

http://www.ss.northropgrumman.com/press/news/00_12_21a.html

Looks like you shares are worth either $80.00 per share if common stock or $35.00 per Series B Preferred share.


4 posted on 08/05/2006 11:17:13 AM PDT by Harmless Teddy Bear (A propensity to hope and joy is real riches; one to fear and sorrow, real poverty)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: edcoil
http://www.ss.northropgrumman.com/press/news/00_12_21a.html

Northrop Grumman To Acquire Litton Industries For $80 Per Share Cash

Are you rich?

5 posted on 08/05/2006 11:18:24 AM PDT by bad company (When Chuck Norris goes to bed at night, he checks his closet for FReeper kanawa)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: edcoil
Neverdem is right, of course; that's one way to do it.

Much easier, simply deposit the shares into a brokerage account. Might have to deal with a mid-level brokerage, but the discounters **may** do the work for you. Stay away from Merrill and Salomon/Citi and that bunch.

The point here is that, if the broker wants you to trade something (a notion of which you should not disabuse him/her), then he or she is going to have to find out just exactly what those shares are worth, now isn't he?

6 posted on 08/05/2006 11:18:50 AM PDT by SAJ (Suggested buying Dec EC, JY, AD straddles -- too late now. Maybe after FOMC meets.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: edcoil

If the shares are printed on a roll of toilet paper, they are not worth much! :>)


7 posted on 08/05/2006 11:19:23 AM PDT by Panzerlied ("We shall never surrender!")
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson