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RIDEQ / Lordstown Motors ex-CEO approved to buy company assets for $10 mln

Lordstown Motors ex-CEO approved to buy company assets for $10 mln
Electric vehicle company Lordstown Motors received U.S. bankruptcy court approval Wednesday to sell its manufacturing assets to a new company affiliated with its founder and former CEO Stephen Burns for $10.2 million. Read More
Posted: Oct 18 2023, 14:45
Author Name: Reuters
Views: 111021

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Lordstown Motors ex-CEO approved to buy company assets for $10 mln

By Reuters
October 18, 2023

Lordstown Motors ex-CEO approved to buy company assets for $10 mln

Electric vehicle company Lordstown Motors received U.S. bankruptcy court approval Wednesday to sell its manufacturing assets to a new company affiliat more_horizontal

Lordstown hopeful to find buyer for all or some parts of business - Bloomberg News

By Reuters
August 28, 2023

Lordstown hopeful to find buyer for all or some parts of business - Bloomberg News

Lordstown Motors is formulating a debt repayment plan and is hopeful that it will find buyers in Chapter 11 for all or parts of its business, Bloomber more_horizontal


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