Northrop OKs 70-Cent Dividend for Shareholders

Shareholders at Aerojet Rocketdyne Holdings (NYSE: AJRD) voted Tuesday to approve the company’s $4.4 billion sale to Lockheed Martin (NYSE: LMT) and both parties still expect to close the transaction in the second half of this year. Aerojet Rocketdyne said Tuesday holders of approximately 99.76 percent of its stock were in favor of the merger

Holders of nearly 79 percent of shares at Inmarsat approved Friday a $3.4B takeover offer from a consortium of private equity firms and two Canada-based pension funds, Reuters reported Friday. The vote came after the U.K.-based satellite telecommunications firm’s board backed the $7.21 per share cash bid from Apax Partners, Warburg Pincus, Canada Pension Plan Investment

Northrop Grumman‘s (NYSE: NOC) board of directors has approved a quarterly cash dividend of 70 cents per share on the company’s common stock. The company will give the dividend to shareholders of record as of March 2, Northrop said Tuesday. Stockholders are scheduled to receive the payment March 18.