An unnamed group have agreed to buy a collection of Titanic artefacts. The exhibition items, set to be sold for $189 million (£120m), range from delicate porcelain dishes and silver cutlery to a 17-ton section of the hull, pulled from the Atlantic seabed where the Titanic sank 100 years ago.
Premier's shares jumped 18 percent on after it said in a regulatory filing it had signed a non-binding letter of intent to sell the artefacts to an unnamed group of individuals. A federal court ruled last year that a sale must ensure that the entire Titanic collection is kept together.
"[The buyers] are obviously a group of significant means because they have to have the resources to display and care for the artifacts and they have to be suitable for court approvals."
More top news
Simon's Blog - Windy Weather Photos
Tuesday's night's forecast for the east of the region
Tuesday night's weather for the west of the region