Vivid Seats Said in Talks to Go Public Via Horizon Acquisition (HZAC) - Bloomberg

March 18, 2021 2:16 PM EDT

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(Updated - March 18, 2021 2:18 PM EDT)

Vivid Seats, a digital ticketing marketplace, is in advanced talks go go public via a merger with Horizon Acquisition (NYSE: HZAC), according to Bloomberg, citing people with knowledge of the matter.

Horizon has begun discussions with investors about raising equity to support a transaction to reduce Vivid Seats debt and value the combined company at about $2.5 billion.

A deal hasn't been finalized.

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