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Boeing, Embraer Discuss “Combination”

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Boeing and Embraer confirmed on Thursday they are “engaged in discussions regarding a potential combination, the basis of which remains under discussion.” The brief statement was released after the Wall Street Journal reported that Boeing was in takeover talks with the Brazilian company. A merger would expand Boeing’s presence in the regional jet market and help it compete with a recent effort by Airbus to take over Bombardier, according to the Journal.

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