Probe of San Diego Defense Contractor Casts Shadow on Lockheed Merger Plans. From: Knight Ridder/Tribune Business News | Date: March 10, 2004 | COPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

By Bruce V. Bigelow, The San Diego Union-Tribune Knight Ridder/Tribune Business News

Mar. 10--Wall Street showed fresh uncertainty over the $1.8 billion buyout of Titan Corp. yesterday, as the share price fell nearly 9 percent following news of a criminal probe of the San Diego defense contractor.

Titan shares fell $1.82 to close at $19.11 in heavy trading, even though Lockheed Martin agreed to pay $22 a share to acquire Titan under an agreement reached i...