Sunday, October 7, 2012

UK says prepared to veto EADS-BAE merger

http://www.reuters.com/article/2012/10/07/us-eads-bae-britain-idUSBRE89605820121007

Britain will block the proposed $45 billion merger between EADS (EAD.PA) and BAE Systems (BAES.L) if key "red line" priorities are not met, defense minister Philip Hammond said on Sunday, just three days before a deadline for detailing the deal.

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