No, Nautilus bought Stairmaster years ago; unfortunately it was failing and doesn't sell. No story there. The Schwinn Fitness brand wasn't phased out. In fact the reverse happened: existing "retail Bowflex" products developed by Direct Focus were marketed under the Schwinn Fitness brand.
What I'm asking is simple: can you support your claim that Nautilus plans to phase out the just-purchased PearlIzumi brand?