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Canoo stockTechCrunch
•Business
Business & Economics
71% Informative
Canoo CEO Anthony Aquila has offered to buy up nearly all of the EV startup's assets for $4 million in cash.
The sale will wipe clean a more than $11 million debt Canoo owed to a financial firm run by Aquila .
Other interested parties can submit “higher and better offers” for the company’s assets before a deadline of March 28 .
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