Over and out

Creditors have voted to liquidate failed Tasmanian timber company Gunns. Creditors were offered little choice after a detailed report from administrator PPB Advisory concluded Gunns has debts of about $3 billion and recommended liquidation.

Creditors have voted to liquidate failed Tasmanian timber company Gunns. Creditors were offered little choice after a detailed report from administrator PPB Advisory concluded Gunns has debts of about $3 billion and recommended liquidation.

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