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GM buys 25% stake in electric boat startup Pure Watercraft - NewsBreak

Nov 22 (Reuters) - Top U.S. automaker General Motors Co (GM.N) has bought a 25% stake in Pure Watercraft, valuing the electric boat startup at $600 million, the companies said on Monday. GM is offering $150 million in a combination of cash and payment-in-kind, which includes access to the automaker's...
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