Published: 10:00, 02 April 2014 |
Updated: 09:39, 03 April 2014
The consortium that had been interested in taking over Manston Airport has withdrawn its offer and pulled the plug on the deal.
Staff at the airport were told at a meeting this morning about the development, which represents a significant blow to those hoping the airport could be kept open.
The identity of the would-be buyer has not been revealed.
Thanet North MP Roger Gale had been involved in trying to broker a deal between owner Ann Gloag and the prospective buyer, but it is not known why the potential deal has not worked out.
"I know what the asking price and the offer was and there was a considerable gap between the two" - Sir Roger Gale
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