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Bill Miller Given Preferred Bidder Status For SPL Club Rangers

Miller Industries Chair Bill Miller "has been granted preferred bidder status" for SPL club Rangers by Duff & Phelps, the administrators controlling the franchise. Miller last month revealed plans for a US$18.1M bid "that would create what he described as an 'incubator company' while Duff & Phelps bid to take the club out of administration" (LONDON TIMES, 5/3). Miller's bid has been "accepted in principle," paving the way "for a takeover by the end of the season" (AP, 5/3).

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