BAE EADS merger "dead"
The proposed merger between BAE Systems and EADS is off, "dead," according to sources familiar with the negotiations.
Rather than being a commercial decision, the deal collapsed on the back of a lack of political will, predominantly from the German government. France owns 15% of EADS and the UK has a "golden share" in BAE – Angela Merkel’s administration were reportedly concerned about German influence being marginalised were the merger to go ahead.
While Britain and France mad...
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