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Raleigh Cycle Co Of America

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BUSINESS
September 16, 1988 | DARRELL DAWSEY, Times Staff Writer
Saying it's been rough going in the bicycle business this year, the nation's leading bike maker announced Thursday that it will sell its money-losing Raleigh subsidiary to a Luxembourg firm. The announcement Thursday came from Huffy Corp. of Dayton, Ohio, which produces roughly 60% of the bicycles made in the United States. It said it would sell Raleigh Cycle Co. of America to Derby International Corp. S.A. of Luxembourg for an undisclosed amount.
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BUSINESS
September 16, 1988 | DARRELL DAWSEY, Times Staff Writer
Saying it's been rough going in the bicycle business this year, the nation's leading bike maker announced Thursday that it will sell its money-losing Raleigh subsidiary to a Luxembourg firm. The announcement Thursday came from Huffy Corp. of Dayton, Ohio, which produces roughly 60% of the bicycles made in the United States. It said it would sell Raleigh Cycle Co. of America to Derby International Corp. S.A. of Luxembourg for an undisclosed amount.
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NEWS
March 2, 1988 | JERRY GILLAM and RALPH FRAMMOLINO, Times Staff Writers
Assembly Speaker Willie Brown (D-San Francisco) set a legislative record by collecting more than $161,000 in gifts and speaking fees last year, including expense-paid trips to Austria, London, Dublin and Japan, according to a state report filed Tuesday. In addition, the Speaker valued his San Francisco law firm at more than $100,000. His annual salary as a lawmaker is $37,105.
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