What happened Diamondback bikes?

In 1999, Diamondback Bicycles was purchased by the Derby Cycle Corporation, which also owned the Raleigh Bicycle Company, and merged Raleigh and Diamondback together. In 2001, Derby Cycle Corporation sold Raleigh and Diamondback. In August 2019 Accell Group sold Diamondback to Regent, L.P.
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