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#
Search
On this page....
Bixi bikes bought
Countdowns
The Daily Parker +3481d 22h 06m
Italy 1d 23h 53m
IDTWHQ move 19d 00h 08m
Parker's 9th birthday 19d 15h 08m
My next birthday 100d 19h 13m
Categories
Aviation (366) Baseball (110) Best Bars (10) Biking (46) Chicago (999) Cubs (199) Duke (134) Geography (368) Higher Ground (5) Jokes (284) Kitchen Sink (711) London (70) Parker (203) Daily (204) Photography (156) Politics (307) US (1147) World (286) Raleigh (21) Readings (8) Religion (68) San Francisco (94) Software (217) Blogs (83) Business (251) Cloud (91) Cool links (152) Security (105) Travel (260) Weather (755) Astronomy (94) Windows Azure (64) Work (101) Writing (15)
Links
Archive
<May 2015>
SunMonTueWedThuFriSat
262728293012
3456789
10111213141516
17181920212223
24252627282930
31123456
Full archive
Blogroll
About
David Braverman and Parker
David Braverman is the Chief Technology Officer of Holden International in Chicago, and the creator of Weather Now. Parker is the most adorable dog on the planet, 80% of the time.
Legal
All content Copyright ©2015 David Braverman.
Creative Commons License
The Daily Parker by David Braverman is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License, excluding photographs, which may not be republished unless otherwise noted.
Admin Login
Sign In
Blog Stats
Total Posts: 4816
This Year: 202
This Month: 37
This Week: 3
Comments: 0