Editing Railtrack (section)

===Liquidation===
On 18 October 2002, Railtrack's parent company, Railtrack Group, was placed into members' voluntary liquidation as RT Group.<ref>{{cite web |url = http://www.rtgroup.co.uk/liquidation/liquidation.html |title = Liquidation |publisher = RT Group |archive-url = https://archive.today/20021024093234/http://www.rtgroup.co.uk/liquidation/liquidation.html |archive-date = 24 October 2002 }}</ref> The Railtrack business (and its £7&nbsp;billion debt) had been sold to [[Network Rail]] for [[Pound sterling|£]]500 million, and the various diversified businesses it had created to seek to protect itself from the loss-making business of running a railway were disposed of to various buyers.<ref name=payout>{{cite web |url = http://news.bbc.co.uk/1/low/business/2270228.stm |title = Railtrack suggests bigger payout |publisher = BBC News |date = 20 September 2002 |access-date = 28 December 2008 |archive-date = 11 June 2004 |archive-url = https://web.archive.org/web/20040611142816/http://news.bbc.co.uk/1/low/business/2270228.stm |url-status = live }}</ref> £370&nbsp;million held by Railtrack Group was frozen at the time the company went into administration and was earmarked to pay Railtrack shareholders an estimated 70p a share in compensation. The Group's interest in the partially built [[High Speed 1|High Speed&nbsp;1]] line was also sold for £295m.<ref name=payout/> During December 2002, Railtrack Group was delisted from the London Stock Exchange; that same month, the company announced an agreement to sell its remaining property interests, RT Group Developments, to the property developer [[Hammerson]] in exchange for £63 million.<ref>{{cite web |url = https://www.independent.co.uk/news/business/news/railtrack-makes-final-departure-from-stock-market-137560.html |title = Railtrack makes final departure from stock market |work = The Independent |first = Liz |last = Vaughan-Adams |date = 28 December 2002 |access-date = 5 December 2022 |archive-date = 29 July 2021 |archive-url = https://web.archive.org/web/20210729023924/https://www.independent.co.uk/news/business/news/railtrack-makes-final-departure-from-stock-market-137560.html |url-status = live }}</ref>