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Events | Guns - Artillery & Mortars | Mergers & Acquisitions | Naval Equipment | Submarines | Surface Ships - Combat | Tanks & Mechanized | Top Stories | USA

BAE Buys Bradley’s Builder for $4B

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British defense contractor BAE Systems PLC has agreed to buy U.S. rival United Defense Industries (UDI), subject to approval. The transaction was conducted through its subsidiary BAE Systems North America Inc., which entered into a definitive merger agreement to acquire the net debt and fully diluted share capital of United Defense for $75 per share in cash...

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