EADS and BAE Systems are facing even stronger headwinds for their merger plans 10 days before the U.K. Takeover Panel's Oct. 10 deadline for the project, with the CEO of major EADS shareholder Lagardere issuing a public statement demanding significant changes to the negotiated arrangements. Lagardere CEO Arnaud Lagardere says that “despite the industrial and strategic logic attributed to it, this plan has not yet demonstrated that it was creating value for EADS.” Therefore, “Lagardere ...
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