Yorkshire Post

Eddie Stobart gets £55m rescue bid

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OFFER: Eddie Stobart shareholde­rs have approved a £55m rescue sale in a bid to secure the future of its 6,500 employees.

The trucking firm had been on the brink of collapse after struggling to deal with a £200m debt pile and recent accounting errors.

Investors voted in favour of private equity firm Douglas Bay (DBay) Capital’s offer for the business in a crunch vote.

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