Property Solutions Acquisition Corp (PSAC) to Combine with Faraday Future in $2.6Bn Deal

Property Solutions Acquisition Corp. (NASDAQ:PSAC) has entered into a definitive agreement to combine with electric vehicle (EV) maker Faraday Future at an enterprise value of $2.6 billion. Faraday Future manufactures luxury electric cars and about 14,000 buyers have made reservations to pre-order its flagship model FF91. The combined entity is expected to remain listed on
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