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OFFON

GORES GUGGENHEIM, INC.

(GGPI)
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Gores Guggenheim Reportedly Nears Deal to Combine with Polestar

09/26/2021 | 06:18pm EDT

Polestar Performance AB is nearing a deal to GoPublic through a merger with a special-purpose acquisition company that would value the Swedish electric-vehicle maker at $20 billion including debt, according to people familiar with the matter. Polestar, owned by Chinese car maker Zhejiang Geely Holding Group Co., is in advanced talks with Gores Guggenheim, Inc. (NasdaqCM:GGPI) and could reach a deal this week, the people said, assuming talks don't fall apart. Polestar focuses on high-performance electric cars, positioning itself as a rival to Tesla Inc. and Lucid Group Inc.


© S&P Capital IQ 2021
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Gores Guggenheim, Inc. Technical Analysis Chart | GGPI | US38286Q1076 | MarketScreener
Technical analysis trends GORES GUGGENHEIM, INC.
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Managers and Directors
Mark R. Stone Chief Executive Officer
Andrew M. Rosenfield President
Andrew McBride Chief Financial Officer & Secretary
Alec E. Gores Chairman
Randall Bort Independent Director
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