MGM Resorts-Backed Playstudios Is Discussing SPAC Deal
- Company makes casino-themed social games such as myVegas Slots
- SPAC is led by ex-Morgan Stanley bankers and MGM’s former CEO
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Game developer Playstudios Inc. is in talks with a special purpose acquisition company, joining a stampede of businesses that are leaning on SPACs to go public, according to people familiar with the matter.
Playstudios is discussing a deal with Acies Acquisition Corp., a SPAC that counts former MGM Resorts International Chief Executive Officer Jim Murren as its chairman, said the people, who asked not to be identified because the deliberations are private.