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Nikola Will Acquire Battery Supplier Romeo Power in a $144 Million Deal Later This Year

Nikola has agreed to buy the ailing battery supplier in an all-stock deal. Nikola has agreed to buy the ailing battery supplier in an all-stock deal. Nikola, a Phoenix, Arizona-based manufacturer of heavy-duty commercial battery-electric vehicles has decided to acquire Romeo Power in a deal worth $144 million that will close towards the end of the year. ....

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