#AceFinanceDesk ………….Electric car maker Fisker will go public through a merger with a blank-check company backed by private equity firm Apollo Global Management Inc at a valuation of $2.9 billion, the companies said on Monday.

“Reuters reported last week that the special-purpose acquisition company, Spartan Energy Acquisition Corp (SPAQ_u.N), was leading a bidding war among blank-check companies for Fisker. A blank-check company is a shell company that raises money through an IPO to buy an operating company, typically within two years.”

Published: July.13: 2020: https://t.co/AzOiHPIIkk

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