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AltEnergy Acquisition Corp. (AEAE) to Combine with Car Tech in $80M Deal

AltEnergy Acquisition Corp. (AEAE) to Combine with Car Tech in $80M Deal

AltEnergy (NASDAQ:AEAE) has entered into a definitive agreement to combine with automotive parts manufacturer Car Tech at a yet undisclosed enterprise value. Opelika, Alabama-based Car Tech manufactures stamped metal parts that make up automotive chassis and bodies for car makers. The combined company is expected to trade on the Nasdaq once the deal is completed
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