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Offer matching asking price made for Manston

A last ditch offer by an American investment firm to buy a regional airport has been tabled - hours before it is due to close. Connecticut-based RiverOak Investment Corp has submitted its third offer to buy Manston airport in Kent.

The new undisclosed offer is higher than the original £5 million offer and matches that demanded by the airport's owner, Ann Gloag, a local MP said.

North Thanet Conservative MP Sir Roger Gale said: "I'm allowed to confirm that following discussions in the United States a further offer was made at 1.30pm UK time by the RiverOak Investment Corporation of America, offering to meet the purchase price requested by Ann Gloag..."

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