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Fact #101842

When:

Short story:

Tony Calder resigns as a director of Immediate Records, selling his shares in the company to his partner Andrew Loog Oldham. Within months the company will go into voluntary liquidation.

Full article:

P.P.Arnold (Immediate recording artist) : Everyone went into hiding. Suddenly Andrew is hiding, everyone's breaking up, and that for me was really heavy duty because Immediate was my family, and now the foundation was gone.

(Source : not known)