Peloton shares up 19.5% premarket (Il Sole 24 Ore Radiocor) - New York, 07 May - A series of private equity firms have been considering a buyout of fitness company Peloton, CNBC said, citing people familiar with the matter.

In recent months, Peloton has had talks with at least one firm as it considers going private, CNBC said.

Other private equity firms have been looking at Peloton as an acquisition target, but it is unclear if they have held formal talks, it said, citing the people.

Peloton shares soared 19.5% in premarket trade.

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(RADIOCOR) 07-05-24 15:11:05 (0572) 5 NNNN