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EADS and BAE are in merger talks
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Defense contractors BAE Systems PLC and European Aeronautic, Defence & Space Co. said Wednesday they are in discussions regarding a possible combination of their businesses.
The combination would be implemented through the creation of a dual-listed company structure. BAE shareholders would own 40% and EADS shareholders the remainder.
The discussions have been initiated with a range of governments about the implications of the potential transaction.
The combination would be implemented through the creation of a dual-listed company structure. BAE shareholders would own 40% and EADS shareholders the remainder.
The discussions have been initiated with a range of governments about the implications of the potential transaction.
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