With rising demand from affluent stay-at-home consumers, interactive fitness bike maker Peloton agreed to buy Precor, a major provider of workout machines to gyms and hotels, for $420 million, its ...
(Bloomberg) — Peloton Interactive Inc. agreed to buy fitness-equipment company Precor for $420 million to gain U.S. manufacturing capabilities and new expansion opportunities. The deal is expected to ...
Peloton Interactive (PTON-1.05%) announced this morning that its acquisition of exercise equipment manufacturer Precor has been finalized in a deal worth $420 million in cash. The announcement noted ...
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