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Bus company closure fearsLas Palmas Bus Company could be forced to close down completely following the revelation that an external audit has shown it is on the verge of bankruptcy.
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Las Palmas - 25.11.2008 - The study was carried out a few weeks ago but detailed only emerged yesterday, causing panic among hundreds of employees. The audit recommends that the bus firm should be wound up but the final decision rests with the compny's only shareholder, the city council, which may try to raise more capital to keep it afloat.
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