Lance Armstrong waves to the crowd following a run with his fans at Mount Royal park in Montreal August 29, 2012. REUTERS/Christinne Muschi
Armstrong steps down from charity; Nike drops sponsorship
Posted : Wednesday, 17 October 2012 08:40AM
(Reuters) - Lance Armstrong has stepped down as chairman of the charity he founded, Livestrong, after U.S. anti-doping officials issued a scathing report detailing his use of performance-enhancing drugs for years as one of the world's premier cyclists, the foundation said on Wednesday.
Separately, one of his main corporate sponsors, Nike Inc. said it was ending its sponsorship of Armstrong.
(Reporting By Dan Burns; Editing by Jackie Frank)
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