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Firm Buys Big Bike-Share Service; Expansion And Higher Rates Seen

A Citi Bike user pedals off from a bicycle station. The company that owns the service in New York and other cities has been sold, after suffering problems tied to its supply chain and the weather. (Getty Images)
A Citi Bike user pedals off from a bicycle station. The company that owns the service in New York and other cities has been sold, after suffering problems tied to its supply chain and the weather. (Getty Images)

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