TBI buy Norwich

[niknak]

TBI have bought a controlling interest in Norwich Airport Ltd, (shortly to be renamed London Luton 2).

[jumpseater]

Und nex week theyzll be geddin lectrissidy, insted of them gaaz loitz!, Oi Zaw sum of thart lectrissidy in lundun wunce, if cums fraam a liddle leever in the waal loike!

[OLNEY 1 BRAVO]

Don't think it is a done deal yet. I believe that the announcement yesterday was that TBI have been named as "preferred bidder" so presumably it's stil subject to contract.

London Luton 2 ... more like Cardiff 3 if the manner in which TBI "manage" Luton is anything to go by!

[Woodman]

It'll be London Norwich before you know it. Or Amsterdam Norwich to go back to the old days.

[BIG E]

give it ten years it'll be Norwich in the sea,quite handy considering the locals have webbed feet.Who'll be laughing then..

[niknak]

TBI have pulled out of the deal, no official reason given.
No indication has yet been given as if the airport owners will pursue the sale, but that's another £500,000 in "specialist advisors fees" to add to the council tax payers bill!

[generallee]

What's the source niknak? Any info on the web regarding their decision? Nothing on tbi or NOI sites.

Cheers

[Buster the Bear]

News on local TV and teletext. Norwich council fuming, the story says that the two parties agreed a price only for the final bid to come in way below what was seen as a fair price for a 75% share in Norwich.

Found this:-

http://news.bbc.co.uk/1/hi/england/2781687.stm