Gores Holdings VIII (GIIX) to Combine with Footprint in $1.6Bn Deal

Gores VIII (NASDAQ:GIIX) has entered into a definitive agreement to combine with sustainable materials company Footprint at an enterprise value of $1.6 billion, or 3.2x its 2023E revenue. Gilbert, Arizona-based Footprint develops and manufactures new molded fiber packaging solutions with the goal of eliminating plastics from the consumer marketplace. The combined company is expected to
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