SPAC Northern Star Acquisitions to Buy BarkBox in $1.6b Deal: DJ

December 17, 2020, 3:09 AM UTC

BarkBox will be acquired by blank check company Northern Star Acquisitions in a $1.6b deal including debt, Dow Jones reports, citing people familiar with the matter.

  • Deal could be announced as soon as Thursday.
  • Northern Star is expected to raise $454m.
  • New funding will be used to push BarkBox’s expansion overseas and boost new and existing product lines, the people told DJ.
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  • Earlier, BWACU US to Trade; 57% of IPO Peers Rose on Day One

To contact the reporter on this story:
Max Zimmerman in Tokyo at mzimmerman90@bloomberg.net

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