Staff keep their jobs after rival Penna buys out firm
James Brockett
Publication date:
29 June 2009
Recruitment advertising agency Barkers has gone into administration and its remaining assets bought by rival Penna.
Barkers, which operates in both print and digital advertising and employs 250 staff, along with its subsidiary TCS, was forced to call in the administrators after struggling with significant debts. But the administrators were able to announce an immediate sale of the company’s assets to Penna for £8.6 million.
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