Deals
EADS CEO Faces Terminator Torment After Merger Judgment
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Hours before announcing plans for the biggest merger in aerospace history, Tom Enders stood on a Berlin airfield and poked fun at the title of German aviation coordinator Peter Hintze by calling him ``the Terminator.''
Hintze, a bespectacled former priest and a key ally of Chancellor Angela Merkel, had the last laugh. A month after their encounter on Sept. 12, Enders, the chief executive officer of European Aeronautic, Defence & Space Co., saw his aspiration to combine with BAE Systems Plc crumble amid German opposition. Hintze said the breakdown was in Germany’s best interest.