Bombardier to cut 5,000 jobs, sell units; share dive on cash flow worries

(Reuters) - Bombardier Inc said on Thursday it would sell two businesses for around $900 million (£689 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 forecast.The Canadian plane and train maker said it would only be able to meet its 2018 free cash flow estimate by using $635 million in proceeds from the sale of a Toronto plant earlier this year. Analysts had..