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Pot producer Parallel scraps near $2 bln blank-check merger

reuters ·  Sep 30, 2021 18:10

Sept 30 (Reuters) - Cannabis producer Parallel and Ceres Acquisition Corp CEREu.NEO have mutually terminated their

$1.88 billion merger agreement, effective immediately, the blank-check company said on Thursday.

(Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi)

((Niket.Nishant@thomsonreuters.com;))

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