Quote Originally Posted by Chilean Red
As for the prospects of a sale, apparently there are some interested parties (don't know who), and they would get quite a good deal - especially with only half the amount of salaries to pay!
Fingers crossed.......
I would suspect that if a buyer is found they will end up paying even less in salaries than suggested above. New management will cut all expenses to the bone, which means more layoffs, in order to try and keep the company solvent and recoup their investment. They will immediately look at ways of downsizing the operation to fit the market they pervicve themselves to be in. The other thing they will do is look at each product and determine if it's going to make money. If not, it will not matter how wonderful a product it is, it will be gone.

The one thing guaranteed not to happen is that someone will shell out a lot of money to buy Ilford and keep everything as it was.