TRW's shareholders confirm acquisition by ZF  [ USA ]

ZF Friedrichshafen AG and TRW Automotive Holdings Corporation announced that they welcomed the decision by the stockholders of TRW to approve the acquisition of TRW by ZF. Under the terms of the merger agreement, ZF will acquire TRW in an all-cash transaction valued at approximately USD 12.4 billion based on equity value. ZF and TRW continue to expect the transaction to be completed in the firs...