Boeing (BA) is reportedly in talks to acquire aerospace manufacturer Spirit AeroSystems (SPR), according to Wall Street Journal reports. While Spirit AeroSystems' stock moves higher following this news, it drew heavy criticism for its involvement in the production of Boeing's 737 Max fuselage. Video Transcript[AUDIO LOGO]AKIKO FUJITA: Boeing is reportedly in talks to acquire Spirit AeroSystems, according to a report out from "The Wall Street Journal." But Spirit AeroSystems here, that stock was halted temporarily on the news has now resumed trade. According to the report, Boeing CEO Dave Calhoun initially shot down the idea that the company may acquire Spirit's.

Source: Wall Street Journal March 01, 2024 16:36 UTC