Specialized To Buy Roubaix Trademark from Performance Bicycle for $700,000
Specialized settled its dispute with the bankrupt retailer over the Roubaix license by agreeing to purchase the mark outright from the bankrupt company for $700,000. ASE’s secured lender Wells Fargo and the unsecured creditors committee both agreed to carve out the trademark from the assets to be auctioned, removing the prospect of a fight with Specialized over ... Log in to view full article.
