The end for Thomas Sandgaard closes in
I have been closing my eyes and hoping for the best in relation to the takeover. Dave has been far more on top of it, but it sounds as if we are very close to a set of new owners after Rich Cawley announced this afternoon that Joshua Friedman and Thomas Sandgaard have agreed to a price and signed a SPA (Sale and Purchase Agreement).
The price is reported to be £12m, but Cawley also mentions that Sandgaard is continuing his talks with other parties, which appears very irregular, but that just about sums Sandgaard up as he seeks I am sure a last minute better offer.
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