EADS Fails to Convince Investor Lagardere of Merits of BAE Deal

EADS Fails to Convince Investor Lagardere of Merits of BAE Deal

Chris Ratcliffe/Bloomberg

European Aeronautic, Defence & Space Co. has yet to show how the planned transaction will create value, Paris-based Lagardere, which has a 7.5 percent stake, said in a statement today.