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Reuters: Finmeccanica to buy DRS for $5.2 billion

Started by chris, May 13, 2008, 03:21:05 AM

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chris

Finmeccanica to buy DRS for $5.2 billion
      


ROME (Reuters) - Italy's Finmeccanica SpA reached a $5.2 billion deal to buy DRS Technologies Inc. securing itself a bigger presence in the growing U.S. defense market which accounts for half the world's military spending.
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