Question mark over Dick Smith’s future

While Anchorage Capital are now out of the picture, question marks remain over the future of Dick Smith. Anchorage Capital was not an investor to look a gift horse in the mouth when Woolworths opted to offload the Dick Smith chain in 2012. In a deal that cast Australia’s largest retailer as a mug punter, Woolworths accepted $20 million and the promise of a slice of any improvement in the financial fortunes of the computer and electronics chain. The promise turned out to be worth $74 million as

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