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Bust companies revived in ‘phoenix’ deals more likely to fail again, study finds

The Guardian ·First reported
The GuardianBust companies revived in ‘phoenix’ deals more likely to fail again, study finds
Image: The Guardian

Exclusive: research for the Guardian shows ‘pre-pack’ deals with former management also pay far less to creditors The boss whose twice-bust business appears to be back Insolvent businesses reacquired by their previous management in “pre-pack”…

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