Report: BAE and EADS in merger talks

ADVERTISEMENT
“BAE Systems and EADS believe that the potential combination of their two businesses offers the prospect of significant benefits for customers and shareholders,” the companies told Bloomberg in a statement after European markets closed.

If the companies merged, they would have combined sales of about $97 billion, according to Bloomberg.


More in Defense

GOP calls for Iran sanctions get louder as nuclear talks drag on

Read more »