Northrop Grumman officials are pondering their next move in the wake of TRW shareholders' rejection of Northrop's proposal to continue negotiations on its $53-per-share offer to acquire TRW. The official vote count is not scheduled to be completed for several weeks, Northrop Grumman Chairman and CEO Kent Kresa said today in a statement. "As our exchange offer is scheduled to expire at midnight tonight, we will review our options over the weekend and issue a release Monday morning," he said...
