Will Tenon's MBO (Mc)Fly?
A proposed MBO, an under-performing share price and chunky debt have all combined to keep possibly soon-to-be delisted accounting firm Tenon in the headlines.
The speculation and rumour has had TS gasping for more a bit like the latest Arctic Monkeys video. In the midst of the developments at Chiltern Street, TS happened to stumble across the fact that Tenon worked with a number of music acts, helping them to secure finance for recordings.
It turns out that one of Tenon’s clients used to be now defunct boy band Busted a bit like the accounting firm’s performance on the stock (Aitken & Waterman) market, isn’t it?