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Peloton Buys Precor For Only $420M

Peloton Buys Precor For Only $420M

Peloton, an organization, dealing with at-home fitness equipment, landed its biggest deal with the best bargain yet. Anto Sports, president of Precor, was potentially hoping for $500M for his company but ended up selling it $80M shy of his target. It seems like Precor...