Inc.

YES, THERE CAN BE SYNERGY IN A BUYOUT. IF NOT, WHY BOTHER?

MIKE LEE He sold MyFitnessPal because he believed in the strategic vision that Under Armour CEO Kevin Plank had outlined.

WHEN MIKE LEE SAYS “we,” it’s rare that he’s referring to the staff of MyFitnessPal, the fitness and nutrition app company he and brother Albert co-founded in 2005. More likely, Lee is referring to colleagues at Under Armour, which bought MyFitnessPal for $475 million in February 2015.

It took a while for Lee to take the money. And when he did, he

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