Startups Axios and the Athletic Discuss Merger, Consider SPAC Deal: WSJ

Blank check company

Sports-media outlet the Athletic is in merger talks with news startup Axios, The Wall Street Journal reports, citing people familiar with the matter. The discussions are reportedly part of a plan to build a larger online-publishing company that could include going public through a blank-check firm.

The discussions are at an early stage and could fall apart, the sources said. Financial terms couldn’t be learned. Read more.

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