Lidar maker AEye valuation slips 25% to $1.5 billion on new SPAC merger terms
The companies attributed the terms of the amended deal to “changing conditions” in the automotive lidar industry.
Group 1 sells 2 Texas dealerships
Group 1 Automotive Inc. sold a Mini store and a Cadillac dealership during the first quarter. Frank Kent Motor Co. bought the Cadillac store, and Garcia Automotive Group purchased the Mini dealership.
Hertz gets sweetened Knighthead offer in brawl to buy renter
Hertz will evaluate the proposal to determine if it’s higher than one from its current reorganization sponsor, a group backed by Centerbridge Partners.
Olivia Rodrigo Went From Plucking ‘The Climb’ On Guitar To The Top Of The Mountain
Olivia Rodrigo, MTV’s Push artist for the month of May, talks about how her humble beginnings plucking Miley Cyrus’s ‘The Climb’ and dreaded piano lessons built a foundation for her No. 1 success with ‘Drivers License.’
Ford, BMW lead $130 million investing round in solid-state battery startup
Ford and BMW will own equal, unidentified stakes in Solid Power, which was established in 2012 as a spinout from the University of Colorado Boulder.