Tech Stocks

Mobile-Gaming Company Skillz to Go Public

Mobile-gaming company Skillz Inc. is set to go public through a merger with a blank-check firm run by veteran Hollywood executives, becoming the latest pairing to take the trendy path to public markets.

Former MGM Holdings Inc. movie studio chief Harry Sloan and film producer Jeff Sagansky have agreed to merge Flying Eagle Acquisition Corp. with Skillz, the firms said Wednesday, confirming an earlier report by The Wall Street Journal. In addition to the $690 million from the merger with Flying Eagle, investors including Wellington…

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This post first appeared here: https://www.wsj.com/articles/mobile-gaming-company-skillz-to-go-public-by-merging-with-blank-check-firm-11599038102?mod=rss_Technology

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