FitBit considering sale to investment bank: Report

//FitBit considering sale to investment bank: Report

FitBit considering sale to investment bank: Report

San Francisco-based wearable device maker Fitbit Inc has been communicating with an investment bank regarding a sale, Reuters reported Friday. Qatalyst has been seeking to persuade Fitbit to consider sale options for several weeks, arguing it could attract acquisition interest from Google owner Alphabet Inc. (NASDAQ: GOOG), Reuters reported, but FitBit (NYSE: FIT) has not yet decided on its course of action. Reuters based the story on "people familiar with the matter," as the sources asked not to…

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By | 2019-09-20T22:11:57+00:00 September 20th, 2019|Healthcare|

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