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Canada's Dorel Snags Major Slice Of Rival Brazilian Bike Co.

By Karlee Weinmann (August 22, 2013, 3:36 PM EDT) -- Canadian bicycle manufacturer Dorel Industries Inc. will take a majority stake in Brazilian rival Caloi to help it bring its business, best known for the popular Cannondale and Schwinn brands, to high-potential markets outside of North America, the company said on Thursday....

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