Milwaukee, Wis. (July 11, 2008) - Harley-Davidson, Inc. (NYSE: HOG) today announced the signing of a definitive agreement to purchase the Italian motorcycle maker MV Agusta Group (MVAG). Under the agreement, Harley-Davidson will acquire 100 percent of MV Agusta Group shares for total consideration of approximately 70 million euros ($109 million), which includes the satisfaction of existing bank debt for approximately 45 million euros ($70 million). In addition, the agreement provides for a contingent payment to Claudio Castiglioni in 2016, if certain financial targets are met. MV Agusta Group is privately held, with the Castiglioni family owning 95 percent of MVAG shares.
continue reading "Harley Davidson to Aquire MV Agusta & Cagiva"

I’ll be the first one to say that motorcycling can be a dangerous hobby, especially when you take off on a ’round-the-world trip like the gentleman pictured above.  Gavin Francis took off for the sunny beaches of Australia from his home in dreary Edinburgh, UK and made it, round trip, with minimal problems.
continue reading "Tale of a World Rider"

Whenever you buys something online, it’s pretty much a crap-shoot.  Unless they are a huge company with some

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Here is a tip: when your running late for work, treating your motorcycle like the USS Enterprise at warp speed really isn’t a good idea.  Take for instance the resident of Washinton State pictured above.  He decided to zoom to work at speeds in excess of 150 mph.  In rush hour traffic.  While the po-po-plane had it’s fancy speeder cam focused right on him.
continue reading "Washington Man Plays Mr. Sulu"