Shed not buying World after all?

Yesterday I made mention of a report in Broadcast that UK independent TV production company Shed was looking to buy another such prodco, World. World is among the few UK indie prodcos that will look at unsolicited work, a writer-friendly attitude that's to be applauded. The commendably frank English Dave took up this story on his blog and says the Broadcast report is plain wrong, according to his sources. Anybody else with any further intelligence on this tale, feel free to let me know!