Nautilus sells some assets for $12.3 million
Fitness-equipment maker Nautilus Inc said it would sell certain assets of its loss-making commercial business to Fit Dragon International Ltd for $12.3 million, to focus exclusively on its direct and retail division.
GE Money, the consumer lending unit of General Electric Company, and Nautilus, Inc., a global fitness equipment leader, today announced a multi-year agreement to provide consumer financing via Nautilus' direct sales channel.