"...given the recent announcements of BlueFreeway, Mitchell Communication has informed BlueFreeway this afternoon that it has decided not to proceed with further discussions at this time."
Bluefreeway will no doubt look for other avenues to explore, though its hard to foresee the kind of company willing to take on a ship of that size. When trouble first appeared it seemed at first moves would be made to spin-off the profitable parts of the business and shut down the rest. This still seems like the best play, and the only one the market is going to swallow in any sort of sustainable fashion.
