Peugeot shareholders say yes to merger with Fiat Chrysler
The new company is called Stellantis and is the world's 4th-largest automaker. Enlarge (credit: Rafael Henrique/SOPA Images/LightRocket via Getty Images) For the past few years, Fiat Chrysler Automobiles has been looking to get married. After.....»»
Viagogo must sell StubHub"s non-US business
The UK's competition watchdog says the merger between the ticketing firms could lead to higher fees......»»
Battery maker Microvast agrees to merger with acquisition firm Tuscan
Tuscan raised $276 million in March 2019. Led by CEO Stephen Vogel, the firm initially said it intended to focus on targets in the cannabis industry, though it could pursue an acquisition in any sector......»»
Robinhood’s long weekend brings a total of $3.4 billion to its balance sheet
Popular, highly-scrutinized trading app Robinhood has raised $2.4 billion to its balance sheet from shareholders, as first reported by the Wall Street Journal and then confirmed by the company. The private startup raised $1 billion on Friday, meaning.....»»
Auto data company Otonomo to go public via merger
The deal with a special-purpose acquisition company is expected to fetch the Israeli startup $307 million in cash......»»
EV maker Faraday to go public via merger
The deal with the special-purpose acquisition company is expected to close in the second quarter, with production slated to begin 12 months after that......»»
FCA to plead guilty, pay $30M fine to resolve U.S. criminal labor probe
Fiat Chrysler, which is now part of Stellantis, said it agreed to plead guilty to a single count of conspiracy to violate the Labor Management Relations Act and pay a $30 million fine. The automaker has also agreed to an independent compliance monito.....»»
GlobalWafers raises bid to acquire Siltronic
GlobalWafers has announced that the price for its tender offer to all Siltronic shareholders has been increased to EUR145 (US$176.53) per share......»»
EVgo to go public via SPAC in bid to power EV charging expansion
EVgo, the wholly owned subsidiary of LS Power that owns and operates public fast chargers for electric vehicles, has reached a deal to become a publicly traded company through a merger with special-purpose acquisition company Climate Change Crisis Re.....»»
CarLotz shares start trading after reverse merger
The company began trading shares Friday under the "LOTZ" ticker symbol. CarLotz CEO Michael Bor said going public should help raise the online used-car retailer's profile and visibility......»»
Charging network EVgo near merger to go public, report says
The proposed deal with a special-purpose acquisition company is set to value the combined entity at more than $2 billion, Bloomberg reported......»»
Hims, the telehealth startup, saw its shares slip in their trading debut — and that’s fine with its CEO
Hims & Hers, a San Francisco-based telehealth startup that sells sexual wellness and other health products and services to millennials, began trading publicly today on the NYSE after completing a reverse merger with the blank-check company Oaktree Ac.....»»
Telehealth startup Hims fell in its public trading debut — and that’s fine with its CEO
Hims & Hers, a San Francisco-based telehealth startup that sells sexual wellness and other health products and services to millennials, began trading publicly today on the NYSE after completing a reverse merger with the blank-check company Oaktree Ac.....»»
Paramount+, the successor to CBS All Access, launches March 4 in the US, Canada and Latin America
Last year, ViacomCBS announced its CBS All Access streaming service would soon rebrand as Paramount+, to better reflect the expanded content lineup following the Viacom-CBS merger in 2019. Today, the company says it has set a launch date for Paramoun.....»»
Paramount+, the successor to CBS All Access, launches March 4 in the U.S., Canada, and Latin America
Last year, ViacomCBS announced its CBS All Access streaming service would soon rebrand as Paramount+, to better reflect the expanded content lineup following the Viacom-CBS merger in 2019. Today, the company says it has set a launch date for Paramoun.....»»
Stellantis shares rise in first day of trading after FCA-PSA merger
Stellantis Chairman John Elkann said the company, which was created by the merger of Fiat Chrysler and PSA, has the scale and resources to successfully capture the opportunities of a new era in transportation......»»
Fiat Chrysler and PSA complete merger to become Stellantis
Analysts and investors are turning their focus to how the merged company plans to address the huge challenges facing the group – from excess production capacity to a poor performance in China......»»
FCA-PSA merger adds uncertainty to Peugeot"s U.S. return, brand chief says
A key rationale for the merger was to increase PSA's market coverage, but the addition of Fiat Chrysler brands such as Jeep and Ram ensures access to the key North American market......»»
FCA-PSA merger adds uncertainty to Peugeot"s return to U.S., brand chief says
A key rationale for the merger was to increase PSA's market coverage, but the addition of Fiat Chrysler brands such as Jeep and Ram ensures access to the North American market......»»
Amazon Will Let Companies Build Voice Assistants on Alexa
Amazon.com is offering other companies the ability to use the building blocks of the Alexa digital assistant for their own automated versions, the latest effort to embed the company's voice software into other devices. From a report: Fiat Chrysler Au.....»»
The rise and fall (and rise again) of retro car design
"The PT Cruiser gets hammered by a lot of people... You know, we sold 1.3M of those.” Enlarge / Director Maurice Dwyer leads the cast and crew in his production of Cop Block, which prominently featured the Chrysler PT Cruiser, at the 2002 Cann.....»»