Tony Taylor asks "...Has someone been buying up rights to these older brands? ..."
Angel Garcia reported in his Italian Cycling Journal blog last summer about various Italian brandnames including Legnano and other historic brands, being acquired/consolidated, with new offerings planned
http://italiancyclingjournal.blogspot.com/
Angel's blog is interesting to follow, and a useful resource to search to see what he's published on specific topics/subjects. Lots of vintage content
..........Peter
..........
Peter Brueggeman
La Jolla California USA
4peebee(at)peterbrueggeman.com