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Fresh hope for HMV
4:20pm Tuesday 22nd January 2013 in Local News
HOPES over the future of collapsed music chain HMV were raised today after its debt was bought by the restructuring business behind HMV Canada.
Hilco UK has taken on the debt from lenders Lloyds and Royal Bank of Scotland in a move effectively giving it control of the business.
It comes after Hilco was appointed adviser to HMV's administrator Deloitte yesterday.