Deals
Boehly’s Horizon in Talks to Merge With Jet Operator Flexjet
- Combined company to have value of about $3.1 billion
- Boehly recently led group that acquired Chelsea Football Club
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Horizon Acquisition Corp. II, a blank-check company started by billionaire Todd Boehly -- one of the new owners of Chelsea Football Club -- has agreed to merge with Flexjet.
Flexjet, which offers a subscription-based private jet service, and the special purpose acquisition company will have a combined valuation of about $3.1 billion, including debt, according to a statement Tuesday, confirming a Bloomberg News report.