A Boeing-Embraer Deal Is Still Highly Likely
May 18, 2018
Shares of Brazilian aerospace company Embraer (NYSE:ERJ) surged in late 2017 after Boeing(NYSE:BA) confirmed its interest in buying its smaller rival. However, Embraer stock has retreated in recent weeks, based on reports that negotiators for the two companies are having trouble agreeing on the finer points of a deal.
This article originally appeared in the Motley Fool.