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Stock impact report

Court likely to decide fate of Boeing-Embraer deal [Seeking Alpha]

Embraer S.A. (ERJ) 
Last embraer s.a. earnings: 3/26 06:00 am Check Earnings Report
US:NYSE Investor Relations: ri.embraer.com.br
Company Research Source: Seeking Alpha
M&ACourt likely to decide fate of Boeing-Embraer dealApr. 26, 2020 5:11 AM ET|Embraer S.A. (ERJ)Yoel Minkoff"Embraer (NYSE:BAsaidBoeing "manufactured false claims as a pretext to seek to avoid its commitments to close the transaction and pay Embraer the $4.2B purchase price. We believe Boeing has engaged in a systematic pattern of delay and repeated violations of the MTA, because of its unwillingness to complete the transaction in light of its own financial condition and 737 MAX and other business and reputational problems."Boeing is also required to pay $100M if antitrust approvals for the deal aren't secured, according to a company filing, but a Boeing spokeswoman said the company doesn't believe that the termination fee applies in this case.Previously:Boeing-Embraer deal hits the skidsClick to subscribe to real-time analytics on ERJNow read:Dogs Of The Dow Performance So Far In 2020 » Show less Read more
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