Corporate and M&A

Investor calls for Peloton to be sold and its boss to be fired

2022-01-24T17:50:00

An activist investor in Peloton Interactive is calling on its board of directors to dismiss its CEO and co-founder, John Foley, and to explore a sale of the company, whose share price has declined drastically due to falling demand for its products and connected fitness solutions. Blackwells Capital, which holds ...

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