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Ski Maker Elan Folds: Elan, the Yugoslav...

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From Times Staff and Wire Reports

Ski Maker Elan Folds: Elan, the Yugoslav company whose skis were one of the world’s most popular, has gone bankrupt with debts of more than $250 million. The company, which had been trying to turn around management and production problems, said poor snow in Europe the last three winters seriously affected its sales.

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