Bowlero, an operator of bowling centers that include full-service bars and arcade games, is in talks to go public through a merger with Isos Acquisition, Bloomberg reports, citing 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 talks could collapse. Isos shares surged as much as 4.2% after Bloomberg reported the talks. Read more.
