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