Nikola to acquire battery-pack company Romeo Power

Green Car Congress
By mmillikinAug 2, 2022, 8:30 am292 pts
Nikola Corporation and Romeo Power have entered into a definitive agreement in which Nikola will acquire Romeo in an all-stock transaction. The proposed exchange ratio implies a consideration of $0.74 per Romeo share and represents an approximately 34% premium to Romeo’s 29 July 2022 closing share price and…

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