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EADS, BAE End Merger Talks; What’s Next?

Defense Daily Staff Defense Daily Staff
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The European Aeronautic Defence and Space Co. (EADS) and Britain’s BAE Systems yesterday called off their planned $94 billion merger saying that while the deal made strong business sense, the British, French and German governments couldn’t come to terms with each other nor with the reasoning behind the deal. BAE is focused on returns to its shareholders, “a business approach that the governments of France and Germany weren’t quite prepared to sign up for, and it explains why some big…

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