Indian Motorcycles Has Been Sold, Polaris No Longer Owner In Shocking Announcement

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This is a developing story, but in a shocking mid-day announcement, Polaris has announced it intends to not only spin off its Indian Motorcycle business into its own separate company, but that it then intends to sell the legacy American motorcycle brand to Carolwood LP, a private equity group, who has put former Vance & Hines CEO Mike Kennedy, who also worked for Harley-Davidson for two decades, in charge of the company.
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