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 about shareholder value and the future of jobs.

Reuters reports:

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


Increase your money and finance knowledge from home

Introduction to Preferred Shares

Learn the difference between preferred and common shares.

View Course »

Investor’s Toolbox

Improve your investing savvy with the right financial toolset.

View Course »

Add a Comment

*0 / 3000 Character Maximum