Bicycle maker Dorel to go private in $354.3 million deal

Bicycle maker Dorel to go private in $354.3 million deal

Canadian bicycle maker Dorel Industries Inc said on Monday it has agreed to be taken private by a group led by private equity firm Cerberus Capital Management in a deal valued at about C$470 million ($354.3 million). Shares of Dorel were up 3.5% at C$14.90 in...