Brief: Shift To Acquire Fair’s Dealer Listing Marketplace Technology

Shift Technologies

15/03/2022 20:47

March 15 (Reuters) - Shift Technologies Inc  SFT.O :
    * SHIFT TO ACQUIRE FAIR’S DEALER LISTING MARKETPLACE
TECHNOLOGY,
TEAM TO EXPAND E-COMMERCE AUTO PLATFORM; SOFTBANK GROUP TO FULLY
FUND ACQUISITION
    * SHIFT TECHNOLOGIES INC - SHIFT TO LAUNCH DEALER
MARKETPLACE
PRODUCT IN Q2
    * SHIFT TECHNOLOGIES INC - ACQUISITION OF FAIR'S TEAM AND
TECHNOLOGY IS EXPECTED TO RESULT IN NOTABLE PRODUCT SYNERGIES
    * SHIFT - SHIFT ENTERED INTO A COMMITMENT LETTER WITH
SOFTBANK
GROUP CORP. WHEREBY SOFTBANK GROUP  AGREED TO PURCHASE SENIOR
UNSECURED NOTES DUE IN 2025

Source text for Eikon:  ID:nGNX2tLPRC 
Further company coverage:  SFT.O 

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