Fortress Value (FVAC) to Combine with MP Materials

FVAC-MP-Materials

Fortress Value (FVAC) to Combine with MP Materials

Jul 15, 2020 INTEL by Kristi Marvin
Fortress Value Acquisition Corp. (FVAC.U), announced this morning that they have signed a definitive agreement with MP Materials, the owner and operator of Mountain Pass, the only rare earth mining and processing site of scale in North America. The combined company will have an estimated post-transaction enterprise value of $1.0 billion and an equity value
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