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Originally Posted by Media Boy UK
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If reports are to be believed and it is burdened with debt it won't be an attractive acquisition for any buyer. I guess the best hope was a full takeover by the Fraser Group, who seem to have been increasing their shareholding in recent times. Even so, it is better to go through liquidation, and then acquire any assets at a bargain basement price from the liquidators. That may be what eventually happens but it could just be that IW has finally run out of steam.