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Report: GoPro is looking for a buyer

DP Review - 8 Jan 2018 22:30
Report: GoPro is looking for a buyer Photo by Fabrizio Verrecchia Just hours after GoPro's disappointing Q4 2017 report--in which the company outlined a cost-cutting plan and announced that it would no longer be making drones--CNBC is reporting that the action cam giant has "put itself up for sale." The report cites "people familiar with the matter" who asked not to be named, but who told the network that GoPro hired J.P. Morgan Chase "some months ago" to find a buyer. The sources claim no buyer has come forward as of yet, but GoPr...
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