Grumman's suspicious rise

March 1994
U.S. News & World Report;3/21/94, Vol. 116 Issue 11, p14
Advises that the stock prices of Nextel Communications, Broderbund Software and Home Nutritional Services spiked suspiciously just days before the companies announced merger agreements. Investigation by the Securities and Exchange Commission of trading of Grumman shares right before the news that Martin Marietta would acquire the Long Island defense contractor for $1.93 billion; Complaints by traders at the Chicago Board Options Exchange; More.


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