I agree with Gary. it does seem to be a Peugeot but I am not sure if TEAm was the model name. according to the hedbadge it was made in France. looks like it needs alot of work.
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“One morning you wake up, the girl is gone, the bikes are gone, all that's left behind is a pair of old tires and a tube of tubular glue, all squeezed out"
Sugar "Kane" Kowalczyk