Article didn't say. Didn't really talk about GT much at all. Pacific CEO made it clear he wanted the Schwinn name to sell bikes. Schwinn Fitness will not be part of Pacific. It might make sense to spin off GT also if what they wanted was the Schwinn name to make their lower line bikes more attractive.
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“Life is not one damned thing after another. Life is one damned thing over and over.”
Edna St. Vincent Millay