Monday, October 22, 2007

Pearl iZUMi for Sale

nautilus told investors this week that it will be exploring, "divestitures for non-core assets, including the company's technical apparel business, Pearl iZUMi."

During a conference call, newly appointed Nautilus CEO Robert Falcone said that Pearl Izumi is performing well, but it has seen “less synergy than [Nautilus] originally anticipated.”

LINK

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