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Tuesday, July 14, 2020

As Tesla stock soars, Fisker intends to go public

Fisker OceanAs Tesla stock soars, electric-car startup Fisker Inc. announced Monday that it plans to become a publicly-listed company. In order to go public, Fisker will merge with Spartan Energy Acquisition Corp., a special purpose acquisition firm backed by private equity firm Apollo Global Management. The deal values the combined companies at $2.9 million...

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