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What happened to Boeing & McDonnell Douglas?
When did Boeing merge with McDonnell Douglas?
Did Boeing buy McDonnell Douglas for $14 billion?
When was McDonnell Douglas merged?
Dec 10, 2022 · Learn how Boeing acquired McDonnell Douglas in 1997 after a $13.3 billion stock swap. Explore the background, challenges, and benefits of the deal for both companies and the aviation industry.
- Editorial Lead
Boeing, one of the US’s largest and most important companies, acquired its longtime plane manufacturer rival, McDonnell Douglas, in what was then the country’s tenth-largest merger. The...
Nov 20, 2019 · The shift had started three years earlier, with Boeing’s “reverse takeover” of McDonnell Douglas—so-called because it was McDonnell executives who perversely ended up in charge of the...
- Jerry Useem
Jan 3, 2020 · Boeing, one of the US’s largest and most important companies, acquired its longtime plane manufacturer rival, McDonnell Douglas, in what was then the country’s tenth-largest merger. The...
- Natasha Frost
Following Boeing's 1996 acquisition of Rockwell's North American division, McDonnell Douglas merged with Boeing in August 1997 in a US$13 billion stock swap, with Boeing as the surviving company.
Jan 13, 2024 · The merger between Boeing and McDonnell Douglas in the late 1990s signaled a critical turning point, leading to the gradual erosion of Boeing’s engineering-driven culture. Influenced by McDonnell Douglas’s more commercially oriented and profit-driven approach, this shift precipitated notable changes in Boeing’s priorities and practices ...
Mar 21, 2001 · On August 1, 1997, the Boeing Company officially combines with the McDonnell Douglas Corporation to create the world's largest aerospace enterprise with 220,000 employees. Boeing had already absorbed the Rockwell International Corporation's aerospace and defense divisions in December 1996.