November 12, 2024 8:20 am

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Boeing announces stock offerings of $22 billion to pay debt and raise capital

boeing strike

ARLINGTON—Less than a week after reporting $6.2 billion in third quarter losses and machinist union members rejecting its latest contract offer, Boeing announced on October 28, stock offerings to raise up to $22 billion to help ease its financial woes.  “Boeing intends to use the net proceeds from the Offerings for general corporate purposes, which […]

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