Brunswick (BC) Tops Q2 EPS by 1c; Narrows FY16 Outlook
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Brunswick (BC) to Acquire Germany's Indoor Cycling Group
July 28, 2016 8:06 AM EDTLife Fitness, the global leader in commercial fitness equipment, today announced that its parent company, Brunswick Corporation (NYSE: BC), has signed an agreement to acquire Germany's Indoor Cycling Group (ICG), a leading provider of indoor cycling equipment. Terms of the transaction were not disclosed. The transaction is subject to customary closing conditions and regulatory review and approval by the German competition authority. The approval is anticipated during the third quarter.
Upon completion of the transaction, ICG will become the latest acquisition to join the Company's leading health, fitness and well-being brand... More
