Wednesday, March 12, 2008
Carter & Carter goes into administration
Training company throws in the towel after a rocky 10 months
Carter & Carter, the leading motor industry training company and former stock market star, has gone into administration.
While share prices were over £12 in April 2007, they plummeted in July and were suspended in October at 82.5 pence.
The appointment of administrators has come after the company issued three profit warnings in the 10 months following the death of founder Philip Carter, who was killed in a helicopter crash in May 2007.
DATED: 12.03.08
FEED: MT
