I just found this website the other day while I was researching information about the recent sale of Cannondale Bicycle Corp. Bicycle Retailer’s website is located at: http://www.bicycleretailer.com/.
Bicycle Retailer covers all aspects of the bicycle industry including tradeshows, trends, merger/acquisitions, awards, events, distributor news, recalls, people, advocacy/charities and more.
Dorel Industries, headquartered in Montreal, has just purchased Cannondale for an estimated cost of $200 million. Dorel is the parent company of Pacific Cycle. Pacific Cycle is the USA marketer of Schwinn, Mongoose and GT brand bicycles.
The official Cannondale press release with all the details on the sale can be found here:
Dorel Acquires Cannondale Bicycle Corporation.