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Tag Archives: BlackRock Inc

UK electric vehicle maker Arrival is going public via SPAC

UK electric vehicle maker Arrival is going public via SPAC

LONDON — British electric vehicle start-up Arrival announced Wednesday that it will go public through a merger with a U.S. blank-check company. This year has seen a flurry of SPACs, or special purpose acquisition companies, come to market as businesses have shunned the traditional initial public offering process. SPACs are …

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Lordstown Motors races to revive shuttered Ohio GM plant

Lordstown Motors races to revive shuttered Ohio GM plant

When General Motors decided to pull the plug on a sedan plant in northeast Ohio almost two years ago, the Detroit-based automaker was reacting to America’s growing interest in trucks and SUVs. The move eliminated more than 1,300 jobs, creating a headache for Lordstown, Ohio, and the local economy that …

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