Unilad administration latest: bidders emerge for debt-ridden media company

Two bidders are already fighting it out for debt-stricken Unilad which today formally started the administration process in court, The Drum has learned.
Unilad's publishing company Bentley Harrington is being pursued for over £6m by debtors including founder Alex Partridge and HMRC for £5m and £1.5m respectively.
A source told The Drum that offers have been tabled for the fourth largest publisher on Facebook which could save it from liquidation.
One document seen by The Dr