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Former Disney Executives Turn Into L.A.’s Hottest Dealmakers

  • Mayer, Staggs form second blank-check company in five months
  • Pair hope to raise $2 billion from Blackstone for media deals
Kevin Mayer
Kevin MayerPhotographer: Jesse Grant/Getty Images

Kevin Mayer and Tom Staggs, who were both once in line to lead Walt Disney Co., are emerging as two of the busiest dealmakers in Los Angeles.

They filed papers Thursday to raise as much as $345 million for Forest Road Acquisition II, their second special purpose acquisition company, or SPAC, which will be looking at businesses to buy. On Feb. 10, the original Forest Road Acquisition Corp. announced that it was merging with two fitness companies to create Beachbody Co., a wellness company with a market value of $2.9 billion.