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Geely Won’t Make Final Bid for Fisker Due to DOE Obligations
China’s Geely was expected to finalize the sale of Fisker by mid-March, but the Chinese firm will no longer bid for a majority stake in the troubled American electric automaker. Geely has turned away...
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VL Automotive Looking to Buy Fisker for $20 Million
Fisker’s fall from grace is well documented, and it appears that the value of the company is plummeting in the eyes of potential buyers. VL Automotive, a team consisting of former General Motors...
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Fisker Gets $25 Million Offer from German Investment Group
Beleaguered American electric automaker Fisker still hasn’t found a suitable buyer, though that may have just changed. According to a new report a German investment group is offering $25 million to...
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Fisker Files for Chapter 11 Bankruptcy Protection
Fisker has filed for Chapter 11 bankruptcy protection as part of a restructuring plan and sale to an investor group. Purchasing Fisker’s remaining assets will be Hybrid Tech Holdings LLC, which will...
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Fisker Sold to Chinese Firm for $149M
China’s Wanxiang Group has emerged as the winning bidder for Fisker’s assets, agreeing to pay $149.2 million for the American electric automaker. The bidding contest came down to Wanxiang and Hybrid...
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