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home / news releases / FIT - Fitbit: An Update On The Acquisition

FIT - Fitbit: An Update On The Acquisition

Fitbit Inc. Class A

It has been over three months since Google's (GOOG)(GOOGL) buyout offer of $7.35 for Fitbit (FIT) was announced. Since that time, FIT has traded in a bounded range from $6.50 - $7 per share. Given that the buyout price is $7.35 per share, the market is definitely pricing in risk that this transaction does not ultimately go through.

Source: The Next Web

Data by YCharts

DOJ Review

On January 6, 2020, FIT shareholders officially approved the acquisition by Google so the remaining obstacle to the deal going through

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Stock Information
Company Name: Fitbit Inc. Class A
Stock Symbol: FIT
Market: NYSE
Website: fitbit.com
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