Atlas Crest Investment Corp (ACIC) to Combine with Archer in $2.7Bn Deal

Atlas Crest (NYSE:ACIC) has entered into a definitive agreement to combine with urban air mobility company Archer at an enterprise value of $2.7 billion. Archer is developing a unique all-electric vertical takeoff and landing (eVTOL) aircraft for use as an air taxi and other applications. The combined entity is expected to trade on the NYSE
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