Fitbit Inc.
FIT,
announced Thursday morning that its acquisition by Alphabet Inc.’s [s; GOOGL]
GOOG,
Google has officially closed. Alphabet agreed to pay about $2.1 billion, or $7.35 a share, to acquire Fitbit. The deal was first announced in November 2019 but faced regulatory pushback, particularly in the European Union. European regulators who were looking into the deal eventually gave their blessing last month after…
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