Boeing (BA) is in talks to acquire Spirit AeroSystems (SPR), Lauren Thomas and Sharon Terlep of Wall Street Journal report, citing people familiar with the matter. Spirit has had preliminary discussions with Boeing and hired bankers to explore strategic options, sources told the Journal. Spirit is also exploring selling operations in Ireland that make parts for Airbus (EADSY), the paper adds. Boeing accounts for nearly two-thirds of Spirit’s sales, with Airbus and defense companies comprising the rest. Shares of Spirit AeroSystems rallied 6% to $30.28 following the report while Boeing dropped 2% to $199.29.
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