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Breaking up isn't easy

03 August 2006
Issue: 4069 / Categories: Forum & Feedback

Our client company has traded successfully for 15 years and owns its trading premises. There is the possibility of selling the trade in the near future (i.e. in less than twelve months) for approximately £2 million; however, the sole shareholder/director wishes to retain the property. Obviously, a share sale will be preferential to the shareholder.

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