Monday, June 23, 2008

SCS shareholders likely to face wipe-out (Financial Times)

Shareholders in SCS Upholstery are likely to lose virtually all their investment after the furniture retailer said on Monday it was in talks to sell its business which “may result in only negligible value being attributed to the shares.”

Source: http://us.rd.yahoo.com/dailynews/rss/search/sell+your+business/SIG=127v3bh96/*http%3A//www.ft.com/cms/s/0/8422483c-40f6-11dd-9661-0000779fd2ac.html

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