Cannondale buyout

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Danton
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Joined: Thu Mar 23, 2006 2:52 pm
Location: Aix-les-Bains

by Danton

That's true. But the company is owned by private equity investors, no doubt they want to restructure the business and then sell it onto a trade partner. Anyway, there's no official news of the story yet.

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drjones96
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by drjones96

"They own Schwinn, GT, and Mongoose."

Ah great. We'll get to see Walmart caliber Cannondales. :roll:

BBAGDAN
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Joined: Mon May 09, 2005 11:40 pm

by BBAGDAN

drjones96 wrote:"They own Schwinn, GT, and Mongoose."

Ah great. We'll get to see Walmart caliber Cannondales. :roll:


Right, like we saw Ford-quality Jaguars. :roll:

peterpen
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Location: Northern California

by peterpen

Gotta wonder about Competitive Cyclist's motive in publishing this rumor, which in fact first popped up back in 2003.

Would a company (that can't sell Cannondales) deliberately promote misinformation? In the same way they list SRAM Red components as "out of stock, available x date" then continue to push the date back, all the while accepting "pre-orders"?

nah...

xcfisher
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by xcfisher

It's all a bunch of BS. If you look down the line at who's "bought" cannondale in the past few years You'll learn to look the other way... You probably didn't know Trek, K2 or Adidas were on that list. There are lot's of ways to "buy" a company, and in this case, shutting down the US facilities and moving production to Asia isn't one of them. Hold your heads high Cannondale fans. ;)
11' Flash Ultimate, 1x10 - 15.7
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strobbekoen
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by strobbekoen

Nice collection of dales you got there.

sc0ch
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by sc0ch

C-dale pride people!
Caad2
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Caad7 Saeco, SI BB

cswi9367
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Joined: Wed Feb 01, 2006 1:40 pm

by cswi9367

i dont see this happening. cannondale has cash. especially in the last 2 yrs its been doing well. with the success of the new scalpel coming, supersix, and systemsix....i believe this to be a rumor.

six 13
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by six 13

sc0ch wrote:C-dale pride people!


Signature updated to promote 'Dale pride!

Ed
09 TCR Advanced SL Team with 303s
09 TCR Advanced 3 with Dura Ace and Ksyriums
09 TCX with Dura Ace
'Dale F1000 Full Wood (Last one after the cracking Super 6 saga!)

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