Google parent Alphabet to acquire Fitbit for $2.1 billion
Google's parent company Alphabet (GOOG, GOOGL) is acquiring health tracking company Fitbit (FIT) for $2.1 billion. The deal will pay out $7.35 per Fitbit share, which was priced at $6.16 in pre-market trading Friday. The news follows an earlier report that the two firms were set for a tie up.
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