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Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion

Los Angeles based Metropolis Technologies, Inc., a technology company whose computer vision platform enables checkout-free payment experiences, and SP Plus Corporation (SP+), a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, this week announced that they have entered into a definitive agreement under which Metropolis will acquire SP+ for $54.00 per share in cash. ....

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