RMG Acquisition Corp. (RMG) to Combine with Romeo Power

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RMG Acquisition Corp. (RMG) to Combine with Romeo Power

RMG Acquisition Corp. (NYSE:RMG) announced this morning that it has entered into a definitive merger agreement with lithium-ion battery-maker Romeo Power Technology that would give the combined entity a pro forma equity value of $1.33 billion. Vernon, California-based Romeo makes modular battery packs primarily for electric-powered heavy trucks. The combined company will be named Romeo
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