Politics, Weather, Photography, and the Dog
Monday 14 April 2014

After a last-minute offer was rejected by a Quebec court, Montreal-based Bixi (who make the bikes Divvy uses) was bought for C$4m by Canadian adventurer Bruno Rodi:

At the last minute, the New York company REQX Ventures – a project of Equinox Fitness and luxury real estate behemoth Related Companies – countered with an offer for $5.5 million. Both Rodi and REQX were willing to pay cash for the international arm of Bixi, which is $44 million in debt.

REQX’s sally came too late, a Quebec Superior Court justice decided on Friday after hearing lengthy arguments. Rodi’s $4 million carried the day, and all of it will go to the city of Montréal, which is Bixi’s major creditor and has shelled out an estimated total of $40 million on the bike-share innovator since it was founded in 2008.

Rodi is quite possibly the most interesting man in the world, though it's not clear he drinks Dos Equis.

Monday 14 April 2014 14:10:17 CDT (UTC-05:00)  |  | Travel#
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David Braverman is a software developer in Chicago, and the creator of Weather Now. Parker is the most adorable dog on the planet, 80% of the time.
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