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Tuesday, July 23, 2024 1:11:45 PM
On their website, Nu Ride’s leaders say one of their goals is to “identify, evaluate, and pursue one or more potential business combinations or acquisitions
William Gallagher will take $NRDE to the promised land as he did with Mr. Cooper Group Inc.
Gallagher has helped restructure the former GMAC Commercial Mortgage and led the successor company to Washington Mutual when it emerged from its implosion with roughly $6 billion in NOL carryforwards. The latter entity merged in mid-2018 with Nationstar Mortgage Holdings; the combined company now goes by Mr. Cooper Group Inc. and is still whittling down the NOLs.
The news will shock the world.
https://www.fleetowner.com/emissions-efficiency/article/55000359/nu-ride-inc-a-new-beginning-for-foxconn-and-lordstown-motors
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