Bombardier to cut 5000 jobs, sell units; share dive on cash flow worries

Bombardier to cut 5000 jobs, sell units; share dive on cash flow worries

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Bombardier Inc said on Thursday it would sell two businesses for around $900 million and cut 5,000 jobs and as it expands its stronger corporate jet and rail divisions, but the company’s shares fell as much as 26 percent on a disappointing free cash flow fore…

Author: Allison Lampert

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