{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/nokia-stock-autonomous-vehicle-startup-aurora-in-talks-to-merge-with-reid-hoffmans-spac-techcrunch/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Nokia Stock – Autonomous vehicle startup Aurora in talks to merge with Reid Hoffman’s SPAC -TechCrunch","slug":"nokia-stock-autonomous-vehicle-startup-aurora-in-talks-to-merge-with-reid-hoffmans-spac-techcrunch","createdLocal":"2021-06-06 14:31:16.969009","publishDate":"2021-06-05 08:16:54+00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://fintechzoom.com/fintech_news_stock-market/nokia-stock-autonomous-vehicle-startup-aurora-in-talks-to-merge-with-reid-hoffmans-spac-techcrunch/"},"postSummary":{"childMarkdownRemark":{"html":"<p>Nokia Stock- Autonomous vehicle startup Aurora in talks to merge with Reid Hoffman’s SPAC -TechCrunchJune 4 (Reuters) – Self-driving car startup Aurora is nearing a deal to merge with blank-check firm Reinvent Technology Partners Y, which is backed by Silicon Valley heavyweights Reid Hoffman, Mark Pincus and Michael Thompson, TechCrunch reported on Friday.\nThe targeted valuation, which had been as high as $20 billion, is now closer to $12 billion, according to the report <a href=\"https://tcrn.ch/3g8HJO1\">https://tcrn.ch/3g8HJO1</a>, citing people familiar with the matter.\nThe deal is expected to be announced as early as next week, TechCrunch reported.\nAurora and Reinvent Technology Partners Y did not immediately respond to Reuters’ requests for comment.\n(Reporting by Eva Mathews in Bengaluru; Editing by Anil D’Silva)</p>"}}}},"pageContext":{"slug":"nokia-stock-autonomous-vehicle-startup-aurora-in-talks-to-merge-with-reid-hoffmans-spac-techcrunch"}}}