Cervelo Selling Out?

[elapid]

Cervelo have apparently signed a letter of intent to sell to PON, a Dutch conglomerate who now owns Raleigh and a number of other bike makes after recently buying a 92% share in the German company Derby Cycle Werke.

More on http://forum.slowtwitch.com/gforum.cgi?do=post_view_flat;post=3694986