Google on Thursday closed its acquisition of wearables company Fitbit, despite an ongoing investigation by the Justice Department.
Here are five things to know about the $2.1 billion deal:
1. Google, which posted $46 billion in revenue for 2020’s third quarter, in November 2019 announced plans to acquire Fitbit for $7.35 per share in cash, paying an estimated $2.1 billion in total to stockholders. The deal could hint at Google’s larger ambitions in healthcare, as the company has been building…
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