Embraer Deal Could Put Boeing Back in the Fighter Business

Last month, a Wall Street Journal report that Boeing (NYSE:BA) had approached Embraer (NYSE:ERJ) to discuss a possible merger drove Embraer's stock up 22% in a single day. Talks are ongoing among the parties, but the Brazilian government owns a "golden share" in Embraer, and with it, can veto any deal. Thus, no merger can happen until Brazil has given its consent -- and by all accounts, while the Brazilians are open to the idea of Boeing making an investment in Embraer,… (www.fool.com) Más...