According to the SEC documents, Party A placed several bids to acquire Fitbit and its CEO met multiple times with Fitbit CEO James Park. Facebook’s best and final offer was $7.30 per share, according to CNBC‘s sources; Google’s acquisition came at about $7.35 per share.
Now that Google and Fitbit have agreed to the purchase, Facebook does not plan to continue to bid, per CNBC. Facebook and Fitbit representatives declined to issue a comment to the outlet.
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