Originally Posted by
ATNotts
I doubt it. The original business entered administration, and was bought back out of administration, which is quite different from a managed takeover of a going concern by another, or a contract, e.g. seamless transfer of a car manufacturers trackside logistics from operator to another. One of the ways that a previously unprofitable business is bought out of administration and turned around is, of course, cutting overheads, one of which is inevitably staff, another is renegotiating equipment leasing agreements, and another premises leases.