Peloton to pay $420M for Precor, longtime Seattle-area maker of commercial fitness equipment

(Peloton Photo) Peloton announced Monday that it is acquiring Precor, the longtime Woodinville, Wash,-based makers of commercial fitness equipment, in a deal valued at $420 million. Peloton has been riding a wave of popularity with its tech-fueled at-home interactive fitness program, and with the acquisition the 8-year-old company plans to establish U.S. manufacturing capacity, boost […]

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