Lordstown OK'd For $10.2M Asset Sale To Ex-CEO In Ch. 11

By Alex Wittenberg (October 18, 2023, 2:59 PM EDT) -- Electric-truck maker Lordstown Motors Corp. will sell its assets for $10.2 million to company founder Stephen S. Burns after resolving objections from the U.S. government and receiving approval for the sale from a Delaware bankruptcy judge on Wednesday....

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