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Amer Sports Aims To Raise Up To $1.8 Bln In U.S. IPO

Finnish multinational sporting equipment company Amer Sports Inc. announced its plans to launch its initial public offering, seeking to raise as much as $1.8 billion. ....

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Keith Rabois on Miami, 'pirate' founders, and Stanford's irrelevance to Silicon Valley

Keith Rabois on Miami, 'pirate' founders, and Stanford's irrelevance to Silicon Valley
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Peloton Interactive Inc. [PTON] stock Initiated by Gordon Haskett analyst, price target now $190


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Peloton (NASDAQ: PTON), the leading interactive fitness platform, announced that it has entered into an agreement to acquire Precor, one of the largest global commercial fitness equipment providers with a significant U.S. manufacturing presence, in a transaction valued at $420 million USD. With the acquisition, Peloton plans to establish U.S. manufacturing capacity, boost research and development capabilities with Precor’s highly-skilled team, and accelerate Peloton’s penetration of the commercial market. Peloton plans to produce connected fitness products in the U.S. before the end of the ....

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