So technically both of these statements are right. Boeing offered to buy Embraer outright at first, Brazil’s regulators balked at handling over the family jewe

So technically both of these statements are right. Boeing offered to buy Embraer outright at first, Brazil’s regulators balked at handling over the family jewels, so they came up with an 80% Boeing joint venture for the commercial division. https://en.wikipedia.org/wiki/Boeing–Embraer_joint_venture https://en.wikipedia.org/wiki/Boeing–Embraer_joint_venture Basically a buyout by another name.