Public aerospace company (NYSE: ACHR)
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Acquirer; issuing stock to Boeing for three subsidiaries
Five years ago, Boeing's air-taxi unit accused Archer Aviation of stealing its trade secrets. On Monday, Boeing handed that unit, plus its military-drone maker and an airspace-software firm, to Archer. In return, Boeing gets a stake of nearly 20% in the company it once sued.
Updated 3 hours ago
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