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Market Impact: 0.38
Archer Aviation Clears at Least Clears One Hurdle. Can It Hit $10 Again?
Source: 247wallst.com
M&A & RestructuringAntitrust & CompetitionAutomotive & EVTransportation & Logistics
Archer Aviation cleared a key regulatory milestone after the Hart-Scott-Rodino antitrust waiting period expired for its acquisition of Boeing subsidiaries Wisk Aero, Insitu, and SkyGrid. The expiry removes a potential antitrust obstacle and advances the transaction, strengthening Archer's position in electric vertical-takeoff-and-landing aviation and related autonomous-flight infrastructure.
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