X
06Nov

Google Buys Fitbit for $2.1B

Knobbe Martens | | Return|
Wearable fitness products company Fitbit Inc. announced Friday it entered a definitive agreement to be acquired by Alphabet Inc.-owned Google for $7.35 per share in cash, valuing the company at approximately $2.1 billion. James Park, co-founder and...
By: Knobbe Martens
Source Url: https://www.jdsupra.com/legalnews/google-buys-fitbit-for-2-1b-97285/

Related

Minority Members’ Contractual Blocking Rights Can Result in the Imposition of Fiduciary Duties

In Skye Mineral Investors LLC v. DXS Capital (U.S.) Limited, et al., the Delaware Court of Chancery ...

Read More >

Trump Revokes Nondisplacement of Qualified Workers Executive Order

President Trump signed an Executive Order on October 31, 2019, revoking “Executive Order 13495 of J...

Read More >

Opportunity Zone Deadlines Extended By COVID-19 Disaster Declarations (UPDATED)

On January 19, 2021, the IRS published guidance in Notice 2021-10, extending critical deadlines and ...

Read More >

UK's Digital Markets Unit and EU's Digital Markets Act: Divergence in the regulation of the largest online platforms?

The United Kingdom and the European Union are set to take bold strides towards the regulation of dig...

Read More >

Mergers and Restrictions on Assignments by “Operation of Law”

Few things are more fundamental to M&A due diligence than determining whether any of the material co...

Read More >