A court's given the go-ahead for Manx Telecom to be bought out.
Deemster Needham was asked to approve a share scheme under the Companies Act 2006, allowing Basalt Investments to take over the firm.
He said the proposals all complied with the law, and shareholders had voted fairly.
And he concluded his judgement by sanctioning the scheme.
Peel ready for bonfire and fireworks later
Government: "UK never told us about child murderer"
Farm shop's newest worker needs your name suggestions
Bus Vannin gives update on staffing problems and routes affected today
Toilets vandalised for fourth time in a month
Poppy gets fur-ever home after sparking rescue operation in Douglas
Council gets eight complaints about James Brown in six months
More bus staffing problems this weekend
Comments
Add a comment