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Under Armour takes loss on sale of app

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Under Armour is slated to sell the MyFitnessPal app to Francisco Partners for roughly $345 million.

The company purchased the fitness platform in 2015 for $475 million.

The app in 2018 was subject to a data breach. About 150 million accounts were compromised, though no credit card or Social Security numbers were stolen.

Read more from Fox Business.

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