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Oct 10, 2012

EADS, BAE Systems Call Off Merger


The collapse of merger talks between EADS and BAE Systems raises serious questions about the future course of both companies and shows how much influence European governments have over EADS.

The two companies called off their planned merger Oct. 10, hours before the expiration of a deadline set by a British takeover commission. Executives mustered last-ditch efforts to save the deal, but it had become increasingly clear since late last week that political reservations could not be overcome.

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