Sixty staff working in Sussex for personal organiser company Filofax could soon have new bosses.
The company is reported to be up for sale because of financial problems facing its American owners Day Runner, which paid £51 million for the business three years ago.
Today a spokeswoman at the Filofax's offices in Burgess Hill confirmed the company was up for sale.
But Filofax would not confirm rumours in the City that the sale price could be less than half the amount its parent company paid for the business.
Last year Filofax announced 130 jobs losses at its plants in Burgess Hill and a printing works at Littlehampton which has since shut.
The popularity of the Filofax soared in the Eighties and early Nineties, when it became de rigeur for "yuppies".
Business analysts say Day Runner's business has not been hit by the growing popularity in America of hand-held electronic organisers.
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