Supplier for Chicago’s Divvy bike program files for bankruptcy

divvybikesThe Canadian company that provides the supplies for Chicago’s Divvy bike-sharing program is filing for bankruptcy.

The mayor of Montreal announced that the Public Bike System Company made the filing Monday.

Despite the filing, there is no indication that the future of Chicago’s Divvy program is in danger.

There are more than 3000 divvy bikes in Chicago, and 300 bike docking stations.

Chicago city leaders have not yet commented on the bankruptcy.

This is a developing story. Check back for details.

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