DiamondPeak Holdings (DPHC) to Combine with Lordstown Motors

DiamondPeak Holdings (DPHC) to Combine with Lordstown Motors

More “Deals with Wheels”… DiamondPeak Holdings Corp. (DPHC), announced this morning that they have entered into a definitive business combination agreement with Lordstown Motors Corp. (“Lordstown”), a leader in electric light duty trucks, with an implied enterprise value of $965 million. The transaction is expected to be completed in the fourth quarter of 2020 with
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