F45 Training, a provider of group fitness classes backed by Mark Wahlberg, is in talks to go public by merging with blank-check company Crescent Acquisition Corp., according to people familiar with the matter.
A deal could be announced as soon as Tuesday, said one of the people, who requested anonymity because the talks are private. The company is expected to be valued at less than $1 billion, some of the people said.
Crescent would buy a significant minority stake in the company as part of the deal, the people added. No plans are final and the talks could still fall apart, they said… READ MORE @ Yahoo