Boeing CFO Says There Are Number Of Terms And Issues To Work On Spirit Deal, Including Price; Discussions With Spirit Are Ongoing
Portfolio Pulse from Benzinga Newsdesk
Boeing's CFO announced during a conference call that there are several terms and issues, including price, to be resolved in the ongoing discussions with Spirit AeroSystems regarding a potential deal.
April 24, 2024 | 2:51 pm
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NEUTRAL IMPACT
Boeing is in ongoing discussions with Spirit AeroSystems to finalize a deal, with price being a key unresolved issue.
The news indicates ongoing negotiations without a definitive outcome, which creates uncertainty. This uncertainty can lead to short-term volatility in Boeing's stock as investors react to the potential implications of the deal, including financial terms and strategic benefits.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
Spirit AeroSystems is currently negotiating terms, including price, with Boeing on a potential deal, with discussions still in progress.
The mention of ongoing discussions with Boeing, especially regarding price, suggests that the deal is significant for Spirit AeroSystems. However, without a finalized agreement, the immediate impact on SPR's stock is likely to be neutral, with potential for volatility as investors await concrete outcomes.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80