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The Deal: Insurance Acquisition SPAC Buys Shift Technologies

June 30, 2020

O’Melveny is counsel to Shift Technologies Inc.’s shareholders in Shift’s US$185 million PIPE transaction to finance the acquisition of used-car enterprise Shift Technologies Inc, this article reported. The deal is expected to create a post-merger company with a market cap of US$750 million, The Deal reported.

The Deal subscribers can read the full article here.