TRW said yesterday it had agreed to open its accounting books to an unnamed potential bidder. Last week, TRW said it would make its accounts available if the potential bidders signed a confidentiality agreement. The company is fighting a hostile takeover attempt by Northrop Grumman, which is offering TRW stockholders $53 per share. "We are deeply disappointed that Northrop Grumman has chosen to negotiate the terms of our confidentiality agreement in the press," TRW General Counsel William Laurence contends in...
