Roberto Colaninno announced yesterday he was preparing a bid to buy Piaggio. Colaninno sold Telecom Italia to a investors including Pirelli last year, and is rumored to be planning a merger of Piaggio and other italian motorcycle makers. His bid to buy FIAT a couple months ago was rejected by the Agnellis, once-owners of Piaggio. More from BBC and New York Times. Thanks to Lu$ for the link!