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Friday, October 16, 2020

Insurance Acquisition Completes Shift Auto Retailer Deal; IPO Launches

Shares of Shift Technologies Inc. fell 6.7% in their Nasdaq debut on Thursday after the online used-car seller went public through a reverse-merger deal with blank check firm Insurance Acquisition Corp. Shift shares were trading at $10.86 in morning trade, …

from News – Insurance Journal https://ift.tt/3j0N1L7
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