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Corporate Restructuring

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December 28, 2017 - Industry News

Workhorse to Spin Off Aviation Business

The SureFly Octocopter Photo: Workhorse Group

Workhorse Group announced its intention to spin off its aviation division, which includes its SureFly personal helicopter, into a separate publicly traded company named SureFly Inc. – but it will hold on to the HorseFly drone designed for parcel deliveries.

Tags: Workhorse, Corporate Restructuring, Equity Markets

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