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back to article Northgate Managed Services boss to exit

Northgate Managed Services (NMS) is parting with long serving UK boss Andy Ross, sources have claimed. His exit follows the unsuccessful efforts to find a buyer for the business, as revealed last September, with company insiders saying the asking price was simply too high. The firm was hawked about by investment banker …

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Bronze badge
FAIL

History Repeats Itself

In a previous incarnation as MDIS, they floated on the stock exchange at an inflated price of around £2-40 if I remember rightly.

When the shares sank to around 30 - 40p, they stopped trading on the stock exchange.

Had to laugh, even though I did lose a bit on my employee-purchased shares. Motorola must have been well pissed off at the time, as MDIS paid a huge bill in shares!!!

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Megaphone

Walking dead?

Is this one of those 'Zombie' companies people talk about?

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