From NineMSN (quoting AAP as the source)
. .07:09 AEDST Wed 27 Feb 2002 . . . . . . . .Ansett deal reportedly facing collapse
The Ansett sale could be on the brink of collapse after Solomon Lew and Lindsay Fox reportedly walked away from talks with administrators on Tuesday night.
According to a report in the Herald Sun, final talks between the two parties failed to seal the $453 million sale of the airline to the Fox-Lew syndicate.
It came just hours after administrators secured the vital lease of the Sydney Airport terminal.
The newspaper said Mr Fox and Mr Lew were believed to have decided their business plan for a revived Ansett would not work.
A source confirmed administrators Anderson were in talks until the early hours of today.. . . . . .But he said they believed they had met all the requirements for the sale to go through by Thursday's deadline.
The Sydney Airport lease was regarded as a major stumbling block to the sale of Ansett to Tesna.
The newspaper said the chances of the talks resuming between the two parties were now slim.