John Towers (businessman) Nick Stephenson and John Edwards, Towers formed Phoenix Venture Holdings (PVH) which bought Rover Group for £10 in April 2000. In addition they also bought the Studley Castle, a conference hotel. They subsequently purchased Midland Powertrain, MG Rover's engine plant from BMW for £20. Finally, for £50 along with an undisclosed sum from the Royal Bank of Scotland, they purchased Rover Capital, (now MG Rover Capital) a book of Rover car loans. Kevin Howe was appointed MG Rover's Managing Director in July 2000. In April 2005, MG Rover went into administration, following the collapse of takeover talks with Shanghai Automotive
The Further Adventures of Cyclops and Phoenix after the mini-series finished publication collecting it into one 96 page volume released in October 1997 (). However, it was produced during a period of economic decline for Marvel, and before trades had reached the popularity they would a few years later, and has thus been left out of print. The Further Adventures of Cyclops and Phoenix Further Adventures of Cyclops and Phoenix is a four-issue comic book mini-series published in 1996 by Marvel Comics. The series is a sequel to the "Adventures of Cyclops and Phoenix" (1994), and was written by Peter Milligan with pencils by John Paul Leon