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Victor Zamora held his pregnant wife, Jessica, in a tender, extended embrace.
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Unlike the loan made on Thursday, which matured overnight, Friday's three-day tender extends over the weekend and will mature on Monday.
A tender offer extended by the company to bondholders would trade 225 shares for every $1,000 in debt.
Northrop will recalculate the exchange ratio if its tender offer is extended beyond tomorrow's deadline.
DealBook » Icahn Raises Stake in CVR Energy | Carl C. Icahn said he had built up an 80 percent stake in CVR Energy through an extended tender offer, still short of the 90 percent he needs to complete a short-form merger under Delaware law, Reuters reports.
— EA has extended its tender offer for all of the common stock of Take-Two until 11 59 p.m., New York City time on Wednesday, April 18, 2008, unless further extended.
Bausch & Lomb also extended its tender offer to May 31.
German chemical company BASF said on Monday it had extended its tender offer for Engelhard of New Jersey.
In fact, Apollo already announced Thursday that it had extended its tender offer to expire on April 20 instead of April 10.
Last week, Sanofi extended its tender offer to Feb. 15, after only 0.4 percent of Genzyme shares had agreed to the plan.
It also announced that it had extended its tender offer for PeopleSoft stock by four weeks, to Aug. 15.
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