Colombier Acquisition Corp. II is near a merger deal with online firearms seller GrabAGun, Bloomberg reported Sunday.
According to the report, the possible transaction, which could be announced as soon as Monday, values GrabAGun at $150M, people with knowledge of the matter said.
Bloomberg said Dallas-based GrabAGun is profitable and said it had $100M in revenue last year, citing the people.
Neither Colombier nor GrabAGun immediately responded to requests for comment by Seeking Alpha.
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