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Dick Smith a lesson in risk
Tuesday 12th of January 2016
Potential buyers have until the end of this month to register their interest in the firm.
The company, which throughout Australia and New Zealand, was put into receivership when banks withdrew their backing after a weaker-than-expected end of year.
Private equity company Anchorage Capital bought Dick Smith in 2011 for A$115 million ($122 million), stripped out costs and sold down...
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