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Archer shares surge after Boeing stake, electric aircraft subsidiary deal

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Archer shares surge after Boeing stake, electric aircraft subsidiary deal
CNBC
CNBC1 hrs ago
Archer shares surge after Boeing stake, electric aircraft subsidiary deal
Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the eVTOL startup.
Reuters
Reuters1 hrs ago
Archer to acquire Boeing's Wisk and two units for near 20% equity stake
Archer to acquire Boeing's Wisk and two units for near 20% equity stake  Reuters
NYT Business
NYT Business🏁 first to report2 hrs ago
Boeing to Sell 3 Autonomous Flight Subsidiaries
In exchange for the sale to Archer Aviation, which is developing a piloted electric aircraft, Boeing will receive a 16.5 percent stake in Archer.