Mr.Moto
Well-Known Member
Owner of Gazelle bikes buys Cannondale, Schwinn for $810 million
The Dutch owner of bike brands including Gazelle, Santa Cruz and Urban Arrow said on Monday it has agreed to buy brands including Cannondale, Schwinn and Mongoose from owner Dorel Industries Inc. for $810 million, creating one of the largest bike makers globally with $2.5 billion in estimated...
www.yahoo.com