Rumors indicated Apple has been in talks for months to acquire supercar maker McLaren in a bid to accelerate its self-driving electric vehicle developments. However, McLaren, who initially declined comment on the matter, has since denied any such proposition to Reuters.
BREAKING: McLaren not in discussions w/ Apple about any potential investment, spokesperson for McLaren tells Reuters https://t.co/xcJOGCX8yP
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The deal -- which was never described a sure thing -- was said to be valued at $1.3 billion or more.