Friday, November 11, 2016

Fitbit: No Acquisition Offer For The Company

San Francisco-based Fitbit said Thursday that it has not received any communications or acquisition offer from ABM Capital, or any other firm, for the company, after a suspicious SEC filing claiming that ABM Capital, based in Shanghai, had made an offer to acquire Fitbit. Reports say that there is no such company of that name, and that the company's phone number does not work. Fitbit is a maker of connected fitness bands.