Why would anyone in their right mind take this over? Cant imagine anyone wanting to acquire the problems. Realistically all another company has to do is sit tight and wait for the inevitable. Clients will then be looking for other companies to finish their projects, which will be done at a greater price.
I can see no way out for this company as even at this late point the tough decisions to scrap the Board and some senior members of management have not been made. For goodness sake, can someone please take charge!
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