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AAC / X-Energy Reactor and Ares Acquisition Corp. cut $300 million off merger price
X-Energy Reactor Co. and Ares Acquisition Corp. AAC, on Monday lowered the price of their projected business combination by $300 million to $1.8 billion. “By establishing a more attractive entry point for investors, X-energy and AAC believe the revised valuation reinforces the long-term value creation opportunity for, and the companies' alignment with, shareholders,” the companies said.
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Posted: Jun 12 2023, 06:53
Author Name: Market Watch
Views: 102267
AAC News
By Market Watch
June 12, 2023
X-Energy Reactor and Ares Acquisition Corp. cut $300 million off merger price
X-Energy Reactor Co. and Ares Acquisition Corp. AAC, on Monday lowered the price of their projected business combination by $300 million to $1.8 billi more_horizontal