SPARTAN ENERGY (SPAQ) Stock Rises 39%; Leads Bidding War for Fisker Inc.

SPARTAN ENERGY /SH (SPAQ) is rose 39% yesterday after reports that they are leading the bidding war among blank-check companies for Fisker. Sources reported that they could come to a deal for around $2 billion soon. Fisker is an electric vehicle maker that is currently in talks to go public through a blank-check acquisition company such as SPARTAN. SPAQ stock shot up over 39% on Thursday after the news surfaced they are leading the bidding war for Fisker. The stock had been trading around $10 for over a year and jumped up to almost $15 a share by Thursday close.