A Win-Win Deal: Here's Why the Archer Aviation and Boeing Deal Adds Value to Both Stocks
The recent deal helps further the strategic aims of both companies.
Overview
Boeing (NYSE: BA) and Archer Aviation (NYSE: ACHR) recently made a definitive agreement that strategically strengthens both companies and makes them a bit more investable. Archer will acquire three businesses from Boeing in exchange for a near-20% stake in the electric vertical take-off and landing (eVTOL) business.
It's a good deal for both companies, as it derisks both companies' business models, gives Archer access to technology it couldn't develop itself, and gives Boeing an opportunity to profit from the eVTOL industry.
Details
Boeing will receive 19.75% of Archer's outstanding Class A stock, while Archer will acquire the following businesses from Boeing in return:
Source
Originally published at www.fool.com.
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