Peloton reportedly looks to sell up to a 20% stake – TechCrunch - TechCrunch

Pelton is actively courting investors to buy between 15 and 20% of the company. The deal could bring some much-needed cash.

In February, Peloton CEO John Foley stepped down as the connected fitness pioneer cut 2,800 jobs. No one could say the news was unexpected. The firm was experiencing dramatic turmoil after flying hig… [+1488 chars]

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