UK-based online bike shop Wiggle looks set to acquire its main retail rival Chain Reaction Cycles, according to an article from bike retail industry publication BikeBiz.
The report goes on to predict that the sale is 'highly likely' to take place next week.
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Historically, both firms have battled head to head and, should this prove to be correct, it'll be one of the most significant acquisitions of recent times in the industry.
You can read more at BikeRadar.com
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