Ford increases stake in newly-public Velodyne Lidar to 7.6%

On October 5, Ford Motor Co. reported a 7.6% ownership stake in newly public Velodyne Lidar.
Ford now owns 13,065,444 shares of Velodyne.
Velodyne Lidar had recently merged with Graf Industrial Corp. at it listed on the NYSE.
Ford became a partial owner in Velodyne Lidar back in 2016 alongside Baidu Inc., which toget....

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