FinanceTechSpotabout 2 hours ago
GoPro avoids bankruptcy with $285M rescue deal
1 min read
GoPro shareholders will receive $285 million in cash, or $1.14 per share, under a proposed acquisition. Shareholders retain roughly a 10% stake in the combined company, which will remain publicly listed on the Nasdaq. The offer nearly doubles GoPro's recent stock price of $0.60.
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