A bid by European sports company Head Sport to buy the majority of Advanced Sports Enterprise’s assets in a move that could save many Performance Bicycle stores hit a snag in court this week. ASE, the parent company of Chapel Hill-based Performance Bicycle, filed for bankruptcy last year.
A bid by European sports company Head Sport to buy the majority of Advanced Sports Enterprise’s assets in a move that could save many Performance Bicycle stores hit a snag in court this week. ASE, the parent company of Chapel Hill-based Performance Bicycle, filed for bankruptcy last year. Staff photo File photo
A bid by European sports company Head Sport to buy the majority of Advanced Sports Enterprise’s assets in a move that could save many Performance Bicycle stores hit a snag in court this week. ASE, the parent company of Chapel Hill-based Performance Bicycle, filed for bankruptcy last year. Staff photo File photo

Zachery Eanes covers real estate, technology and other business-related news for The News & Observer and The Herald-Sun.