Festival and venue operator MAMA & Company has appointed global business advisors AlixPartners as it mulls its options following two unsolicited bids for the firm, Music Week understands. 

It is understood the offers are from companies in the music and entertainment sectors. Rumours about the future of the firm have swirled for weeks and it is believed staff were informed of the latest development this morning. 

MAMA was subject to a £7.3 million management buyout from HMV in 2012, backed by ...