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Lance Armstrong buys stake in SRAM

Lance Armstrong is buying a stake in SRAM along with Lehman Brothers, according to SportsOneSource. The total Lehman investment is $200 million for 40% of the company but there’s no word on exactly how much Lance is putting up himself. Lance’s new cycling team, team Astana, uses SRAM components so it seems like a pretty …

The article Lance Armstrong buys stake in SRAM appeared first on Singletracks Mountain Bike News.


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