Precor

Reactions to Peloton Interactive Inc (NASDAQ: PTON) acquiring commercial fitness equipment maker Precor for $420 million are mostly positive. 'Good Fit': Precor makes fitness machines, cardio equipment, strength equipment, and treadmills and reportedly generated $420 million of revenue in...

Peloton Interactive Inc (NASDAQ: PTON) said in a statement Monday that it had agreed to purchase fitness equipment maker Precor for $420 million. What Happened: The New York-based fitness platform said, with the acquisition of Precor, it aims to establish manufacturing capacity in the United...