"I am amazed at the wild rumors that are circulating in the industry about the sale of the company," Jeff Sinclair told BicycleRetailer.
"The fact of the matter is that even though the sale process started last week, we have received many inquiries from companies, the majority of which only do business in the IBD channel. It is impossible to predict who will buy the company and irresponsible to speculate what could happen after the sale."