Sonder Said in Talks with Gores Metropoulos II (GMII) - Bloomberg

April 7, 2021 2:40 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

(Updated - April 7, 2021 2:44 PM EDT)

(Updated - April 7, 2021 2:40 PM EDT)

Lodging startup Sonder, which decks out apartments and hotel rooms as hip short-term rentals, is in talks to merge with black-check company Gores Metropoulos II (NASDAQ: GMII), according to-Bloomberg, citing people familiar with the matter.

A transaction is set to value the combined entity at more than $2.5 billion.

Terms haven't been finalized.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Hot M&A, Mergers and Acquisitions, Rumors, SPAC