EADS – BAE Merger Still Alive!

A German news agency, citing sources close to the merger negotiations, has alleged that further talks would not move forward. Opposition by member nations being one principal reason(s).

EADS has categorically denied the report and is moving forward with the £28 billion ($45 B) deal, which when consummated would create and aerospace giant on par with Boeing.

We cannot confirm the accuracy of both assertions; however, both companies must declare their intentions to proceed by tomorrow, as set by the UK Takeover Panel.

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