UK authorities approve Wiggle and Chain Reaction merger

By Stephen Frothingham

LONDON (BRAIN) — UK antitrust authorities have approved the merger of Wiggle and Chain Reaction Cycles, and the two companies are expected to complete the merger soon.

The UK Competition and Markets Authority approved the proposed merger on Thursday.

In a press release, Wiggle said the combined company will be called WiggleCRC. Each website and brand will continue and expand their product range and infrastructure.

“Together the combined business, which will have revenues in excess of …read more

Via:: Bicycle Retailer and Industry News