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BAE Systems and EADS confirm combination talks

U.K. defense contractor BAE Systems PLC and European aerospace giant EADS NV said Wednesday they are in talks about combining their businesses. The companies said that under the proposed merger, BAE Systems shareholders would own 40 percent and EADS shareholders 60 percent of the enlarged group. In a statement to the London Stock Exchange confirming… Continue Reading BAE Systems and EADS confirm combination talks