Fitbit denies information about the sale of the company

Some time ago, a private investment Fund ABM Capital announced that it has directed the company’s Fitbit offer about buying it. Fitbit shares instantly rose in price by 8%.

At the end of the week, the Company Fitbit issued a statement in which it denied the information about the purchase. The report said that Fitbit has not received from ABM Capital or any other company any suggestions about the purchase. Describing itself as the market leader in fitness trackers, Fitbit has assured that continues to focus on producing innovative products, being confident in his vision for the future.

Reuters tried to inquire about ABM Capital. It turned out that the documents recently filed with the Commission on securities and the barges of the United States, in reference to the offer to purchase Fitbit is the only application from the Fund with the Shanghai address. The phone number specified by the Fund, is not responsible. The Commission refused to comment on the situation.

Sources: Fitbit, Reuters

Tags:
Fitbit

Comment

(Visited 18 times, 1 visits today)
No tags for this post.