Boeing (BA) Has Held Talks with Embraer (ERJ) - DJ
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.4%
Revenue Growth %: +5.3%
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(Updated - December 21, 2017 11:50 AM EST)
Boeing (NYSE: BA) has been in takeover talks with Brazilian aircraft maker Embraer SA (NYSE: ERJ) according to Dow Jones. The two have been discussing a deal that would involve a relatively large premium for Embraer, the report said.
Talks are on hold pending word from the Brazilian government on whether it would sign off on the combination.
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