Reports say that the BAE/EADS defense and aerospace merger worth £28bn is off.
It seems that the deal failed to satisfy the governments concerned and left shareholders unhappy over the strategic logic of the merger.
The question will now be who will pay the price for the failure and what options remain for BAE Systems? Plan B may be a tie up with Rolls Royce, some observers believe.
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OpenAI – corporate drama unleashed
OpenAI, the firm behind ChatGPT, was in uproar as its boss was booted out, briefly snapped up by Microsoft and then brought back again.
