GoPro to be acquired for $285M, will remain a public company
After years of financial struggles, action camera pioneer GoPro is being acquired for $285 million. A company called “Starman Optical” has agreed to merge with GoPro. The deal involves Starman Optical paying GoPro shareholders $1.14 per share, and leaving those shareholders with about 10% of the newly combined company. The deal, expected to close by…