SCOOP: PistonHeads has learned from TVR's Phil James that TVR owner, Nikolai Smolensky, has put in a bid for the company to MG Rover's administrators, PricewaterhouseCoopers. It's a personal bid -- it would not be a TVR take-over.
We don't know much more than that, other than that the bid, if successful, would play to TVR's history of using MGB engines in the early cars.
Speculating further, if the bid succeeds, MG would seem likely to remain a separate entity, and become, among other things, a recipient of TVR's engines, although that might raise issues of competition.
Either way, the next few weeks promise interesting times...