Catherine Dellin is president of the Camp 5 Museum Foundation in Laona, Wis. The foundation operates the Laona & Northern Railroad, the Lumberjack Steam Train, which runs to the Wisconsin Forestry Museum and attractions on the site of an old logging camp and lumber company farm.
Fisker bankruptcy bidding heats up quickly (Update) January 8, 2014. Hybrid Technology, led by Hong Kong billionaire Richard Li, has offered $55 million in an auction of Fisker Automotive's assets, just days after a bankruptcy judge in Delaware rejected Hybrid's plan to take over the failed ...
The move angered some Specialized dealers. In 1996, Specialized withdrew the Full Force line and Mike Sinyard wrote a letter of apology to dealers. By the end of 1996, Specialized had lost 30% of its bike shop sales and, according to Sinyard, came within a few hundred dollars of declaring bankruptcy. In 2001, Merida Bikes of Taiwan bought 49% of Specialized for a reported US$30 million. Mike Sinyard remained majority owner and CEO of the company. As of 2016, Specialized is one of the biggest bicycle brands operating in the United States, alongside Trek Bicycle Corporation and Giant Bicycles.