Alto Pharmacy Said in Talks to Merge with Gores SPAC (GTPB) - Bloomberg

May 7, 2021 6:28 AM EDT

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Alto Pharmacy is in talks to go public via a blank-check firm affiliated with Alec Gores, according to Bloomberg, citing sources.

A deal between Alto and Gores Technology Partners II (NASDAQ: GTPB) is set to value the combined entity at around $2.3 billion. A transaction hasn't been finalized.

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