Shock and sorrow as Canada's biggest co-op sold to US private equity firm
by Leyland Cecco in Toronto from on (#58541)
Sale of Mountain Equipment Co-op, outdoor retailer with over 5m members, comes as bitter blow but follows dip in performance
Canada's best-known outdoor supplies retailer has been sold to a US private equity firm, in a move which has shocked members and former staff of the country's largest cooperative.
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