AI Transportation Acquisition Corp (AITR) to Combine with American Metals in $170M Deal
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AI Transportation (NASDAQ:AITR) has entered into a definitive agreement to combine with recycling firm American Metals at an equity value of $170 million. Fishers, Indiana-based American Metals is a subsidiary of American Resources (NASDAQ:AREC) focused on producing rare earth materials for use in batteries from recycled magnets and other recovered industrial metals. The combined company
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