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DELTICDelay Line Time Compressor
DELTICDelay Time Compression
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The Newcastle club was one of three snapped up by Deltic Group from Novus, and the two others in Portsmouth and Manchester are also set to become Eden venues.
However, talks with Deltic resumed this year, only for Revolution to pull out again.
However, Stonegate's takeover collapsed in October after Revolution shareholders rejected the bid as Deltic lurked in the background, proposing an all-paper merger.
"KOYLI is a crucial part of this fascinating story, and all at the museum look forward to reuniting the Deltic with Flying Scotsman."
Councillors lifted a suspension on the premises after the Deltic Group signed an undertaking that it had no connection with the previous licence holder.
TIN Inc operates as a wholly-owned unit of Temple-Inland Inc (NYSE:TIN), which is, in turn, fully controlled by International Paper Company (NYSE:IP).Country: USASector: Construction/Real EstateTarget: Del-Tin Fiber LLCBuyer: Deltic Timber Corp Vendor: International Paper Company , Temple-Inland Inc , TIN Inc Deal size in USD: 20mType: Corporate acquisitionStatus: AgreedComment: Price includes assumption of USD14.8m debt guarantees.
By the early 1980s the Deltic Class 55 locomotives were being phased out by the new Inter-City 125 trains and by the beginning of 1982 the retirement was complete.
Contact Deltic Training on 01263 734 724 or visit its website at
The statement from Revolution said: "The board confirms that it is in the very preliminary stages of considering a transaction involving a possible acquisition of Deltic.
Deltic, which owns 57 clubs and bars including the Prysm, Atik and Oceana brands, notched up 76,500 admissions and saw total sales rise 2.6% to PS2.4 million on New Year's Eve.
Deltic, Britain's biggest nightclub operator, had become embroiled in a tussle for Revolution Bars, tabling an all-paper merger that would have seen Revolution own 65% of a combined entity and Deltic 35%.