EADS and BAE management declared war on their shareholders with their proposed merger. With only a few shareholders having fired warning shots, Enders and King today surrendered in no man’s land having had no battle-plan to negotiate the minefield of national security interests that lay between them and their quarry. Today’s decision to terminate merger talks between EADS and BAE is a triumph for common sense and shareholder value. Having sunk almost €30bn into new Airbus plane projects that are…
‘EADS/BAE - an accidental victory for shareholders’
10 Oct 2012
Posted by Barry Norris