Back in September, fitness tracker and smartwatch manufacturer Fitbit put itself up for sale. Immediately, one possible buyer surfaced at the top of everyone's list: Google. and today the deal became official. For $2.1 billion, Google parent Alphabet will purchase Fitbit in a transaction that will close next year. While the latter has had success with its fitness trackers, the company has been unable to repeat this success with its smartwatch line. Fitbit stock holders will receive $7.35 in cash for each share they own. After soaring 28% on Monday, the stock has risen an additional 15% today ...
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