Originally Posted by
Bismark
Monday's Times Business Section had big piece on the VT/BAe Joint Venture, intimating that this was now a done deal at operational level - just needs to Boards (and shareholders) to sign up.
Given VT's relatively healthy financial position and the potential liabilities that BAe have on their books, setting a price that both boards and shareholders can agree with, might just be a little bit more difficult than the great and the good are assuming.......