Equinox, whose gyms are frequented by Wall Street staffers among others, is in talks to go public through a merger with Ares Acquisition after talks with one of Chamath Palihapitiya’s blank-check companies collapsed, Bloomberg reports, citing people with knowledge of the matter.
Deliberations are ongoing and may not result in a transaction, the people said, asking not to be identified discussing private information. The valuation couldn’t be learned. Read more.
