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Fisker Finds New Last Minute Bidder With Plans to Restart Production, Add New...
Wanxiang American Corp. has put in a “stalking horse” bid on Fisker, which is supposed to be sold to Hybrid Tech Holdings LLC for $25 million. Stalking horse bids are made to help prevent undervalued...
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Fisker Sold to Chinese Firm for $149M
China’s Wanxiang Group has emerged as the winning bidder for Fisker’s assets, agreeing to pay $149.2 million for the American electric automaker. The bidding contest came down to Wanxiang and Hybrid...
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