Peloton shoes to sell to Apple for $1 billion

Peloton Shoes Inc. has agreed to buy Apple Inc.’s Beats Electronics Inc. for $850 million, sources told ESPNCricinfo.Sources told ESPNcricinfo that the deal will allow Peloton to sell the brand to the world’s largest electronics retailer, Apple.The deal, expected to close later this week, is expected to be worth about $1.2 billion.Sources also said that […]

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