
Shares of Boeing Co. (NYSE:BA) are trading lower Monday after the U.K.’s Competition and Markets Authority (CMA) announced a formal investigation into the company's proposed $4.7 billion acquisition of Spirit AeroSystems.
What To Know: The deal, which Boeing has framed as critical to stabilizing its supply chain and improving production quality, now faces a regulatory hurdle that could delay or block the transaction, according to The Wall Street Journal.