Thursday, June 22, 2017

HARLEY BRANCHING OUT...MAYBE

by Bob Walsh

That iconic American motorcycle producer, Harley-Davidson, is believes to have plans to acquire Ducati motorcycles, currently owned by VW. They are not the only suitor in a deal that could go as high as $1.7 billion.

Shares of H-D climbed 1.6% after the Reuters report, which Harley has refused to confirm. Harley has faced a decreasing market in the U. S. with strong competition from Indian and buying Ducati would give them a better entry into the European market, where the Ducati performance racing bikes are very popular. .

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