Peloton is drawing interest from potential suitors including Amazon, people familiar with the matter say. The company is facing pressure to sell after a major stock slump.
Peloton Interactive Inc. is drawing interest from potential suitors including Amazon.com Inc., according to people familiar with the matter, as the stationary-bike maker’s stock slumps and an activist urges it to explore a sale.
Amazon has been speaking to advisers about a potential deal, some of the people said. There’s no guarantee the e-commerce giant will follow through with an offer or that Peloton, which is working with its own advisers, would be receptive.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon named as possible Peloton buyer in a suspiciously well-timed rumorWhat’s next for Peloton?
Read more »
Amazon is exploring offer for Peloton, source says; report says Nike also weighing bidPeloton Interactive Inc has drawn interest from potential buyers including e-commerce giant Amazon.com Inc , according to a person familiar with the matter, as the exercise bike maker struggles to maintain pandemic-fueled growth.
Read more »
Your Amazon Prime Price Is About to Go UpAmazon is increasing the price for its annual Prime membership from $119 to $139 for the first time since 2018
Read more »
Amazon Prime Cost To Rise In Coming WeeksThe price of Amazon Prime is about to go up.
Read more »
We Combed Amazon For Cool, Cheap Valentine’s Day GiftsWhen it comes to Valentine’s Day shopping, Amazon offers a lot of bang for your buck.
Read more »
Why Are the Girl Scouts Partnering With Amazon?OpEd: 'Is uncritically touring an exploitative warehouse really the best way for girls to learn about STEM?'
Read more »