CCIV to announce merger with Lucid on Tuesday. – Idaho Reporter

Investments

CCIV to announce merger with Lucid on Tuesday.

According to Bloomberg, Lucid Motors Inc. is nearing a deal with Churchill Capital Corp IV, and deal should be announced Tuesday (February 23). Even though negotiations are ongoing it is said that the combined entity will be valued at $15B.

 

This is a breaking news, we will update the story as we get new information.

 

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