L.A. EV startup Fisker to go public through reverse merger

Fisker Inc. said on Monday that it will go public via a merger with a special purpose acquisition company (SPAC) in a deal that values the electric vehicle maker at $2.9 billion. The Torrance, California-based startup has entered a definitive agreement to combine businesses with Spartan Energy Acquisition Corp. (NYSE: SPAQ), a blank-check company sponsored by an affiliate of New York City-based Apollo Global Management Inc. (NYSE: APO). A SPAC is a shell company with no operations that uses funds…