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Schultze SPAC Held Talks With Point Blank Enterprises


Blank-check firm Schultze Special Purpose Acquisition Corp. II held talks to merge with Point Blank Enterprises Inc., a maker of body armor, holsters, shields and other ballistic protection products, according to people with knowledge of the matter.

The proposed terms of the transaction that were discussed couldn’t be learned. No deal was finalized and talks fell apart, said one of the people, who asked not to be identified discussing confidential information.