Chances of a BAE-EADS Merger Dwindle
It has only been a few weeks since BAE Systems and EADS proposed to merge. But objections by large investors, as well as some of the nations that have many employees from one or the other firm, have voiced concerns…
EADS and BAE Systems are engaged in a final push to rescue their $45 billion aerospace merger from the political jockeying that threatens to sink it, as doubts grow over German backing for the deal.
The European companies have until 12 noon EDT on Wednesday to declare their intentions and either scrap their merger or ask UK regulators for more time or finalize their plans to create the world’s largest aerospace and arms group.
Douglas A. McIntyre
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Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.
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