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Ltv-Grumman Merger #68424

ABC Evening News for Wednesday, Oct 14, 1981
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(Studio) Legal battle between LTV Corporation and Grumman, with regard to takeover of the latter, outlined.
REPORTER: Max Robinson

(Bethpage, New York) Grumman takeover examined. [Employees Mike DeCARLO, Nat FRANZESE - object to takeover.] Extent of stock owned by Grumman employees and their opposition to takeover discussed. [Employee John CRANE - comments.] [Grumman chairperson John BIERWIRTH - notes grass-roots support of firm.] LTV's response to opposition discussed. [LTV chairperson Paul THAYER - defs. takeover.] Results of latest court battle mentioned.
REPORTER: Michael Connor

Connor, Michael;
Robinson, Max

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