FIT News and Press, Fitbit Inc. Class A From 10/09/20

Merger activity increased significantly last week with ten new deals announced. The merger of WPX Energy (WPX) and Devon Energy Corporation (DVN). Morgan Stanley (MS) completes the acquisition of E*TRADE Financial Corporation (ETFC). For further details see: Me...

Fitbit shoots higher on additional Google concessions. SINA jumps on increased offer from New Wave. Merger arbitrage cash spreads narrow as the broader market snaps losing streak. For further details see: Merger Arbitrage Analysis And Spread Performance - October 4, 2020...

Google has offered EU regulators further concessions regarding its proposed acquisition of Fitbit. Initial reports indicated that these concessions would be sufficient and would be enough to seal the deal. However, recent reports suggest that competitors are still noting deficienc...

EC commenced a deeper investigation into the Fitbit/Alphabet tie-up. Google has made additional concessions to alleviate concerns. It seems highly likely the deal will close with these concessions. There's still a 5% spread, too wide given limited options from the EC. Fo...

It's now been nearly a year since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary announced its proposed acquisition of Fitbit (NYSE: FIT) in a $2.1 billion deal that values the wearables maker at $7.35 per share. During that time, concerns have mounted that Googl...

The $2.1 billion buyout of health-tracker device veteran Fitbit (NYSE: FIT) that's being proposed by Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is about to get clearance from European regulators. According to anonymous insiders quoted today by the Financial Time...

The stock market took a pause on Tuesday, moving just slightly lower after Monday's huge gains. Investors are bracing for Tuesday night's debate between President Donald Trump and former Vice President Joe Biden, with the potential for market volatility that could result from political even...

It's been 11 months since Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google announced a head-turning $2.1 billion deal to buy wearables pioneer Fitbit (NYSE: FIT) . The transaction is taking a lot longer to close than most buyouts, largely on fears that regulators ha...

U.S. Energy (USEG) +168% after entering producing assets purchase agreement.Houston American Energy (HUSA) +77%.PEDEVCO (PED) +56%.Greenpro Capital Corp. (GRNQ) +53%.Flux Power Holdings (FLUX) +36% on FY results.Mexco Energy (MXC) +33%.Westwater Resources (WWR) +30%.New Co...

Fitbit (FIT) shares are up 4.9% pre-market after Google ([[GOOG]][[GOOGL]]) submits a second round of acquisition concessions to EU antitrust authorities.The European Commission didn't reveal the details of the new concessions and will now seek feedback from rivals and customers before a...