2.04.2008

Canucks buy Cannondale

Dorel, the Canadian company responsible for such monstrosities as Pacific and NEXT "Bicycles", those $60 pieces of self-destructing crap sold at Walmart, has purchased Connecticut based Cannondale Bicycle Corp. in a 200 million dollar deal announced today. Expect Cannondale to start sucking in the near future. Story here.

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