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NCI looks set for new buyer

5th September 1991
Page 18
Page 18, 5th September 1991 — NCI looks set for new buyer
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Which of the following most accurately describes the problem?

• Northern Counties could be bought within the next three weeks, says administrator Grant Thornton, which has been running the Wigan-based bodybuilder since the end of May.

"One potential buyer is favourite now and there is a possibility of a deal, but the bid needs re-structuring," says Grant Thornton's Gordon Craig.

If the bid fails Grant Thornton will continue to run the bodybuilder until the end of next March.