Misfit, the U.S. maker of wearable fitness trackers, is to...

Misfit, the U.S. maker of wearable fitness trackers, is to be taken over for $260 million by Fossil Group, a watchmaker based in Texas. Fossil sells its own brands, Fossil and Skagen, and it holds licenses for several others, from Adidas to Michael Kors and Diesel. Sonny Vu, chief executive ...

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