{"id":686,"date":"2008-02-04T23:27:19","date_gmt":"2008-02-05T05:27:19","guid":{"rendered":"http:\/\/www.texbiker.net\/blog\/archives\/686"},"modified":"2008-02-04T23:27:19","modified_gmt":"2008-02-05T05:27:19","slug":"canadian-outfit-buys-cannondale","status":"publish","type":"post","link":"https:\/\/www.texbiker.net\/blog\/2008\/02\/04\/canadian-outfit-buys-cannondale\/","title":{"rendered":"Canadian outfit buys Cannondale"},"content":{"rendered":"<p>While this not directly Texas bicycle news many of us have ridden Cannondale bikes.<\/p>\n<p><strong><a href=\"http:\/\/beta.velonews.com\/article\/71784\" target=\"_blank\">Article from Velonews.com<\/a><\/strong><\/p>\n<p>Dorel Industries has bought <strong>Cannondale Bicycle Corporation<\/strong>, the corporation announced Monday.<\/p>\n<p><strong>Dorel<\/strong>, headquartered in Montr&eacute;al, owns <strong>Pacific Cycle<\/strong>, the parent company of Schwinn, GT and Mongoose. The purchase is reported as an all-cash transaction valued between $190 million and $200 million.<\/p>\n<p>The Bethel, Connecticut-based Cannondale, which also holds Sugoi Performance Apparel Company, a clothing brand, was previously held by Pegasus Capital Advisors, which purchased the company in 2003.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While this not directly Texas bicycle news many of us have ridden Cannondale bikes. Article from Velonews.com Dorel Industries has bought Cannondale Bicycle Corporation, the corporation announced Monday. Dorel, headquartered in Montr&eacute;al, owns Pacific Cycle, the parent company of Schwinn, <span class=\"excerpt-dots\">&hellip;<\/span> <a class=\"more-link\" href=\"https:\/\/www.texbiker.net\/blog\/2008\/02\/04\/canadian-outfit-buys-cannondale\/\"><span class=\"more-msg\">Continue reading &rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[14,32],"tags":[],"class_list":["post-686","post","type-post","status-publish","format-standard","hentry","category-bicycling-news","category-bike-equipment"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4tok-b4","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/posts\/686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/comments?post=686"}],"version-history":[{"count":0,"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/posts\/686\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/media?parent=686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/categories?post=686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.texbiker.net\/blog\/wp-json\/wp\/v2\/tags?post=686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}