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Boeing's $8.4B Spirit Deal Bleeding Red Ink

Wall Street Journal Markets •
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Boeing's $8.4 billion acquisition of Spirit AeroSystems, completed in December, is generating significant unexpected losses. The jet maker has discovered large liabilities since the purchase that were not identified during initial due diligence. These undisclosed financial burdens are causing the deal to bleed red ink, complicating Boeing's integration efforts and financial outlook.