The merger was meant to be unprecedented but the attempts to tie up European aerospace group EADS and Britain's BAE Systems last week to create the biggest aerospace and defence group in the world got mired in the quicksand of politics and eventually failed.
L-R: EADS head of public affairs Alexander Reinhardt, EADS Chief Executive Tom Enders and chairman of the German Bundestag's economic affairs committee Ernst Hinsken begin a hearing on the proposed merger of EADS with BAE in Berlin, in September 2012. The merger to create the biggest aerospace and defence group in the world got mired in the quicksand of politics and eventually failed.
For those from the British arms-maker and the parent company of the Airbus passenger jet, who for months worked on the mega-merger, the dream stopped short Wednesday when both groups scuppered further talks over irreconcilable differences between the leaders of Britain, France and Germany.
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