Wednesday, July 20, 2011

Moto Morini Finally Sold at Auction ? ?1.96 Million

Finally finding a purchaser at its second auction, Moto Morini has seemingly been given a new lease on life after finding a pair of investors willing to back the Italian brand. Buying the company’s assets, but not the property where it resides, entrepreneurs Sandro Capotosti and Ruggeromassimo Jannuzzelli�paid ?1.96 million for the Moto Morini name, IP, and other proprietary assets. With both investors saying they have an emotional tie to Moto Morini motorcycles, they also ...

Source: http://feedproxy.google.com/~r/AsphaltandRubber/~3/L_gtbWpRrU8/

Johnny Lockett Bill Lomas Dino Lombardi

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