Boeing is buying back Spirit Aero, a manufacturer of parts for its 737 and 787 planes, per Reuters.
The $4.7 billion all-stock deal is set to be officially announced Monday, the outlet reported.
The deal brings Spirit Aero back into Boeing's fold and should improve the production of its aircraft.
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AdvertisementBoeing is set to buy back Spirit AeroSystems, a manufacturer of parts for its 737 and 787 planes, in a $4.7 all-stock deal, according to a Sunday report from Reuters.
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