Peloton’s shares surged after suggestions that Amazon may buy it. The two companies aren’t an obvious match, but there’s potentially value in selling Peloton’s high-octane workouts to Amazon’s massive user base, writes TheRealLSL:
Peloton Interactive has received interest from potential buyers including Amazon.com, according to a Reuters report on Feb. 4 citing a person familiar with the matter.
The Financial Times reported on the same day that Nike might be a potential bidder.A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019.
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