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0.000200863713970031 0.000602591141910094 0.00110525258612033 0.00293261022396306 0.0073315255599075 0.00838656221753536 0.0104198051621974 0.0142111077633825
Stock impact report

FTC orders Boeing to divest parts of Spirit AeroSystems in planned merger [CNBC]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: CNBC
AeroSystems assets to resolve competition concerns about its $8.3 billion acquisition of the company that manufactures major parts of wings and fuselages for jetliners, including the Boeing 737. The Federal Trade Commission order could complicate the merger, which Boeing had aimed to close by the end of the year. There is a 30-day public comment period for the proposed order. The FTC said Boeing and Spirit can close their transaction before that period ends, but the order would require further regulatory oversight. Boeing's share price was down 3.2% in intraday trading. The commission wants the U.S. planemaker to divest parts of Spirit that supply aerostructures to its European rival Airbus AIR.PA. The three companies have already negotiated Airbus buying parts of Spirit. The order also requires Spirit to continue as a supplier to Boeing's competitors vying for future military aircraft programs. Boeing's defense division won the contract for the U.S. military's first sixth-gen Show less Read more
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