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BAE merger deal called off

Major defence firms BAE and EADS are blaming politicians for the collapse of their £25bn merger deal.

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BAE and EADS merger deal on a knife edge

Defence companies BAE Systems and EADS are fighting to keep their proposed merger alive the UK, German and French governments wrangle over the deal before a crucial deadline today.

The BAE Systems plant in Brough, Hull Credit: Anna Gowthorpe/PA Wire/Press Association Images

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