Music publisher Reservoir Media Management is in talks to go public through a merger with Roth Ch Acquisition II, Bloomberg reports, citing a person with knowledge of the matter.
A merger between Roth and New York-based Reservoir would value the combined entity at more than $700 million, said the person.
Roth said in a filing last month that on Feb. 15 it entered a mutually exclusive non-binding letter of intent with a target company, without naming it. Read more.
