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Finmeccanica Buys DRS For $5.2 Bln, Shares Droop

MILAN (Reuters) - Finmeccanica SpA <SIFI.MI> has agreed to
buy U.S. military contractor DRS Technologies Inc. <DRS.N> in a
$5.2 billion deal, the biggest so far in European defense
contractors’ bid for a slice of the growing U.S. defense
market.

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