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Enough is enough! Plasmon board recommends sale

$25 million private equity bid approach supported Enough's enough! Get me outta here. The Hanover Investors-backed Plasmon board has had it up to here and is pulling the plug.… ...full story at the register (uk)

from the register (uk) on Fri, Sep 05 2008

see also:

24 Oct 08 visit Plasmon Inc rises from ashes of...Plasmon Ltd  »  the register (uk) US private equity buyout succeeds Plasmon rides again. CEO Steve Murphy has successfully negotiated a private equity buyout of Plasmon Inc from the UK-based parent Plasmon Ltd which is in administration.…
29 Sep 08 visit Plasmon takeover talks fail  »  the register (uk) Looking for investors The talks between Plasmon and a private equity firm trying to take over the business have terminated. Plasmon's shares have been temporarily suspended on the London stock exchange.…
10 Nov 08 visit Plasmon plc sheds staff as investor bails out  »  the register (uk) US private equity funder gets cold feet The US private equity-funded buyout of Plasmon's US operation has failed, leaving Plasmon plc in tatters. The Kroll administrators are searching for a new company buyer.…
10 Oct 08 visit Plasmon Inc preps for rebirthing  »  the register (uk) But little return expected on Plasmon Ltd Plasmon's US operation is preparing for lift-off as an independent company whilst Plasmon Ltd's shareholders, creditors and staff try to see if any crumbs will fall their way from the administrators' table.…
08 Oct 08 visit Plasmon UK goes into administration  »  the register (uk) Redundancies en route to a takeover Plasmon has placed its UK and Europe operation in administration as it negotiates with an investor who it hopes will refinance and take over its core archive business.…

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