Scott’s found eleventh-hour funding to keep its trucks running while Anchorage and lenders work through the nitty-gritty of the VA and receivership.Street Talk understands KordaMentha brought forward indicative bids from Friday to Thursday afternoon, figuring there wasn’t any point waiting for a new suitor to show up.
All three are understood to have carried over from a process Anchorage already had underway before it tipped Scott’s into VA and bequeathed the sale it to KordaMentha. It would be interesting to see what price tag Scott’s fetches. Anchorage paid $75 million in April 2020, and has faced challenges from COVID and flooding since.
'Allan Scott ; you were wrong !!!!' - Chocco Williams 2004
Must be the truck Rachel is concerned about
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