Spree Acquisition Corp. 1 (SHAP) to Combine with zTrip in $251M Deal

Oct 31, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Spree Acquisition Corp. 1 (NYSE:SHAP) has entered into a definitive agreement to combine with taxi fleet operator zTrip at an equity value of $251 million, or 15.7x its 2021 EBITDA. The Kansas City-based company operates taxi fleets in 26 US cities in the South and Midwest. The combined company is expected to trade on the
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Spree Acquisition Corp. 1 (SHAP) to Combine with zTrip in $251M Deal

Spree Acquisition Corp. 1 (SHAP) to Combine with zTrip in $251M Deal

ByNicholas Alan Clayton