Derby Cycle Corp. announces Refinancing

TAIPEI, Taiwan (april 2) - According to executive chairman Alan Finden-Crofts the Derby Cycle Corporation is able to re-finance its business. The rumored selling-off of Gazelle, Derby's main moneymaker won't be necessary within the financial plans of Finden-Crofts. The re-finance includes severe cost-cutting, like the closing of the US head office. Next to the cutting

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