Google announced that it is in talks to buy Fitbit. This sent the shares of Fitbit soaring from an open of $4.29 up to $5.74 a 34% rise midday today 10/28/2019. This is known as an acquisition or takeover. If it is between two companies and the merger is agreed too by all parties such as Exxon & Mobile or AT&T & T-Mobile then it is amicable. If however the company being purchased (in this case Fitbit) does not want to be purchased then it is a hostile takeover. What Google would need too do is to buy up the outstanding shares in the market and try to obtain 51% of the voting shares of Fitbit in order to acquire Fitbit. If you owned the stock prior to today's announcement, I would sell and reap in the profits even though at the current time we do not know what the offer will be by Google for Fitbit. There could still be a large potential upside in the stock it could rise to $10 or $12 dollars a share who knows until the actual deal is negotiated. This is a t