Amazon and Nike are considering bids to acquire fitness company Peloton, according to reports Friday from The Wall Street Journal and Financial Times. Other suitors could include Apple or private equity firms, the Financial Times said.
The potential bids come just a couple of weeks after Blackwells Capital, an activist investor with a “significant” share in Peloton, urged the company to consider a sale and called for CEO John Foley to be fired over “multiple leadership failures.”
An Amazon spokesperson said the company does not comment on rumors or speculation. Nike and Peloton did not immediately respond to requests for comment on the situation.
Source: Retail Dive