Stung SMG Files for Danish Bankrupcy

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After SMG relinquished pan-Scandic business by selling their Swedish and Norwegian subsidiaries to GNT group, Danish distributor SMG discovered the hard way that they had become “too small.”

Several vendors (Intel, AMD and Maxtor, among others) ended their partnership with SMG after the sale in September 2006. MD Ole Mortensen and Chairman Mark Keough still hope for new investors.

SMG’s Web Site Shows No Sign Yet