Acerinox To Buy Haynes

Spanish stainless steel giant Acerinox, through its wholly-owned US subsidiary North American Stainless, is to acquire Haynes (HAYN) for $970M. Acerinox plans to invest $170M into the ~$600M US maker of specialty nickel-based alloys once the transaction closes, expected to...

Boeing Confirms Discussions to Potentially Acquire Spirit AeroSystems

After rumors surfaced in the media, Boeing acknowledged they and Spirit were in the initial discussions that could result in Boeing acquiring the troubled supplier. If they end up going ahead with the deal, Boeing will face significant challenges. Among...

NTSB: We Have Received No Documentation of Door Plug Removal

Chair of the National Transportation Safety Board (NTSB) Jennifer Homendy reported to the Senate Commerce Committee that her agency had not received documentation of the door plug removal nor a list of employees involved in the procedure. While Boeing contested...