Embattled magazine and internet group, Future Network, is in talks with potential financial investors, according to reports from Reuters today. The news agency says that Electra Partners and Duke Street Capital are separately considering bids of between £80 million and £100 million.
Future’s current market cap is a shade under £70 million. Shares were unchanged at 48žp today. This is vastly down on the stock’s 52-week high of 741½p, exactly one year ago.