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$Interactive Strength (TRNR.US)$ Interactive Strength Inc. (Nasdaq:TRNR) Signs Exclusive Letter of Intent to Acquire Scaled and Profitable, Connected-Fitness Equipment Business
Accesswire· 2 mins ago
Exclusive Non-Binding Letter of Intent signed with Target that has more than $40 million in revenue and positive EBITDA in 100% equity consideration transaction
Acquisition is expected to be TRNR's second transaction within 12 Months
Advances strategy of using public listing to make accretive acquisitions of profitable and high-growth businesses in the highly fragmented health & wellness market globally
Target's complementary product and customer footprint Expands TRNR's range of equipment and brands
Accesswire· 2 mins ago
Exclusive Non-Binding Letter of Intent signed with Target that has more than $40 million in revenue and positive EBITDA in 100% equity consideration transaction
Acquisition is expected to be TRNR's second transaction within 12 Months
Advances strategy of using public listing to make accretive acquisitions of profitable and high-growth businesses in the highly fragmented health & wellness market globally
Target's complementary product and customer footprint Expands TRNR's range of equipment and brands
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