The news is that the company and its Chairman are now supportive of the intention to take over the school.  So that is a positive indication - what they are now doing is looking at the feasibility of it. 

This afternoon (5th May) they are talking to the school's solicitors to see what can be done about taking the school over. 

Things seem to be going in the right direction - and our contact says that it may be that they will want to talk to parents again this week so we need to think how we can get people together at short notice.