Agreed sale will see the studios’ work continue and all jobs saved, say administrators

Campaigners attempting to avert the closure of Twickenham Film Studios are holding their breath after it was announced on Tuesday that a sale had been agreed to save the site, but the buyer’s identity would remain secret until the deal had gone through.

Gerald Krasner, administrator for the studios, said: “It is the purchaser’s intention to continue to trade as studios and to preserve all the jobs.” He said the buyer had handed over a non-returnable deposit of £100,000, but would not reveal the full purchase price.

The Guardian - 25 April 2012

Thanks Maeve Good!