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Filed by Northrop Grumman Corporation
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14 d-2
of the Securities Exchange Act of 1934
Subject Company: Comptek Research, Inc.
Commission File Number: 333-40862
The following text is of a press release issued by Northrop Grumman Corporation
on August 24, 2000
Comptek Research, Inc. security holders should read the Tender Offer Statement
filed with the Securities and Exchange Commission because it contains important
information. Investors may get the Tender Offer Statement and other filed
documents at no charge at the Securities and Exchange Commission's web site
(www.sec.gov)
Northrop Grumman Contact: Jim Taft (310) 201-3335
For Immediate Release
NORTHROP GRUMMAN ANNOUNCES RESULTS OF EXCHANGE OFFER
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LOS ANGELES -- Aug. 24, 2000 -- Northrop Grumman Corporation
(NYSE: NOC) announced today the expiration of its exchange offer for all of the
outstanding shares of Comptek Research, Inc. (AMEX: CTK) common stock at an
exchange ratio of .2799 shares of Northrop Grumman common stock for each share
of Comptek Research. The offer expired at midnight E.D.T. on Wednesday, August
23, 2000.
Prior to the expiration, approximately 5,876,389 shares of Comptek Research
common stock were tendered, exceeding the 66.67 percent required to complete the
merger. All shares validly tendered and not properly withdrawn prior to the
expiration have been accepted for exchange and will be exchanged for shares of
Northrop Grumman common stock and for cash in lieu of fractional shares of
Comptek Research common stock.
