GoPro and Red Bull Form Exclusive Global Partnership
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GoPro (GPRO) Buying Friends With Equity - Piper Jaffray
May 24, 2016 1:19 PM EDTPiper Jaffray analyst Erinn Murphy noted that GoPro GoPro (NASDAQ: GPRO) announced a multi-year partnership with Red Bull to serve as the exclusive partner from a point-of-view (POV) camera perspective. Red Bull will receive under 1% of equity (~1M shares) in GoPro as a result of the deal. While this extends the... More
