I don't wanna get too specific, so let's stay a bit vague and mysterious for now.
I'm not. I know the guy very well. I'm not.
A buy out will never, ever, ever happen.
But I like that idea about the suppliers.
Best idea is to setup a fake client, with a huge job. But of course, the client can't pay top dollar so thats when they meet your friend. Fake client keeps him busy with work, hates all of it, and never pays him.
Something like that.