Wheels Up to go public via a merger with LVMH-backed SPAC

The transaction values Wheels Up at an enterprise value of $2.1 billion and is expected to provide up to $790 million in cash proceeds when it closes in Q2 SPAC CEO Shakran sees “[M]any opportunities to leverage our experience and relationships to partner (Wheels Up) with other aspirational and luxury brands and to expand to … Continue reading Wheels Up to go public via a merger with LVMH-backed SPAC