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Vector Aerospace, EADS, Confirm Exclusive Discussions

From Toronto, Canada and Leiden, the Netherlands, Vector Aerospace Corp. [RNO] and the European Aeronautic Defense and Space Co. (EADS) separately confirm they have entered into an exclusivity agreement. Any transaction is subject to the finalization of due diligence and negotiations with respect to definitive transaction documentation and other customary conditions each company statement said. Additionally, there is no assurance that the negotiations will result in a binding offer being made for the shares of Vector Aerospace Corporation. Neither Vector…

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