An acquisition involves a cash purchase ... The new company is created to effect the merger, and a stock ticker symbol is assigned to the SPAC. For example, Lucid Motors merged with Churchill ...

Terms Not Disclosed Mergers and acquisitions are a large part of the business world, often impacting Wall Street. When companies merge or acquire, stock symbols change, valuations shift and ...

Special purpose acquisition companies (SPACs ... and the combined entity begins trading under a new ticker symbol. Post-merger, the newly public company operates like any other publicly traded ...