The Thorn Group could be moving to sell its Radio Rentals...

The Thorn Group could be moving to sell its Radio Rentals business sooner rather than later, according to sources.
Curiously, the most likely buyer is the Adelaide-based Radio Rentals company that shares the same name.
Radio Rentals in South Australia sells electrical goods and furniture, while the listed Thorn Group owns a completely separate business with the Radio Rentals name.
With the South Australian Radio Rentals eager to embark on a stockmarket listing in the next few years, an acquisition of Thorn’s Radio Rentals operation could prevent a great deal of confusion for those wanting to buy into the business in an initial public offering.
Thorn Group owns the trademark for Radio Rentals everywhere except Adelaide.
Thorn’s market value is about $95 million,