Backing Out

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According to the Washington Post, Boeing has terminated a long-planned $4.2 billion deal with the Brazilian aerospace manufacturer Embraer after negotiations broke down shortly before a Friday night deadline.

Questions:

  1. Had the deal gone through, what would have been Boeing’s stake in Embraer?
  2. How much of the value of its stock has Boeing lost in the past year?
  3. Who does Embraer compete directly with?

Source:

Gregg, A. (2020). Boeing backs out of Embraer merger. The Washington Post, April 25 (Retrievable online at https://www.washingtonpost.com/business/2020/04/25/boeing-backs-out-embraer-merger/)