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The recent talks between BAE Systems and EADS about a possible merger of the two companies has been a subject of particular focus on GovCon Wirein recent weeks.GovCon Wire is the premiere news website in Executive Mosaic’s portfolio of seven online media properties which covers company, technology, government and GovCon industry news.
The website reported the news on September 12 as the contracting world swirled with rumors about the implications of a potential merger.
GovCon Wire posted again about the subject two days laterwhen an article was published detailing the possible implications of a union between the companies.The implications included BAE possibly needing to sell its $2 billion intelligence unit to meet regulations on foreign ownership of U.S. contractors.
GovCon Wire posted two more articles on the subject September 19 and October 9.
The first pieceinformed readers of a letter by EADS CEO Tom Enders who said talks between the companies were constructive and going in a good direction.The second of the two update articles was published on Monday and said that Germany did not agree with the terms of the deal but talks were ongoing.
GovCon Wire posted its last article in the series today.
The piece detailed the talks being called off on the October 10 deadline, due to what appeared to be government stakeholders not agreeing to the deal.
The ongoing and thorough coverage of the potential merger is an example of GovCon Wire’s international scope and persistence in its news reporting.
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