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Old 23rd Aug 2005, 11:30
  #45 (permalink)  
newswatcher
 
Join Date: Jun 2001
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Hooded the whole idea of administration is to allow a company to be taken over swiftly, if appropriate. It is basically "business as normal", with a team of insolvency "specialists" temporarily taking the helm. Not the same as "receivership".

However, for BA to make the "buy" decision might take a long time!
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