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OK, back to the show. There’s another twist in the road for lidar company Luminar. And yes, it includes some inside-the-boardroom intrigue.
First, let’s catch up. You might recall that Austin Russell, the billionaire founder and CEO of Luminar, was more or less pushed out of the company by its board following an ethics inquiry. But Russell didn’t go quietly into the night.
He popped back up on our radar a few weeks ago with the launch of a new company called Russell AI Labs. And now (cue the deep and foreboding “dum dum duuuuummmm”): He has made a bid to acquire Luminar.
Senior reporter Sean O’Kane broke the story, which you can read here. He has since learned a few more details beyond what is disclosed in the SEC filing.
This may look like a possible hostile
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