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BAE and EADS merger off

The potential merger between BAE Systems and EADS, the company that make Airbus aircraft, has been cancelled, sources said.

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BAE chief executive 'disappointed' EADS merger called off

The chief executive of BAE Systems says he is "disappointed" the potential merger the company and EADS, who make Airbus aircraft has been cancelled.

"We are obviously disappointed that we were unable to reach an acceptable agreement with our various government stakeholders."

– Ian King, chief executive BAE Systems

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