Deals
Bowlero in Merger Talks With SPAC Led by Ex-WWE Executives
- Transaction would value combined entity at about $2.6 billion
- Blank-check firm Isos led by George Barrios, Michelle Wilson
Photographer: Andy King/Getty Images
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Bowlero Corp., an operator of bowling centers that sometimes include full-service bars and arcade games, is in talks to go public through a merger with blank-check firm Isos Acquisition Corp., according to people with knowledge of the matter.
Isos is in discussions to raise new equity to support a transaction that’s set to value the combined entity at about $2.6 billion, said the people. Terms aren’t finalized and it’s possible talks could collapse. Isos shares surged as much as 4.2% after Bloomberg News reported the talks.