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Strobe goes into liquidation
Strobe Communications Cape (Pty) Ltd has gone into voluntary provisional liquidation. Their publications include SA Rugby, SA Cricket, SA Soccer, SA MotorSport, Cape Review, Taxi, SA Wedding Album and Motivation of Champions.
Notwithstanding the viability of these publications, the CEO of Strobe Holdings has said that the decision was made in the light of the present economy entering a recession.
The Final Liquidation date will be 15 January 2002.
Source: media toolbox