British high street music chain HMV goes into administration
Music and DVD chain HMV is to appoint an administrator, making it the latest casualty on the High Street and putting about 4,350 jobs at risk.
Deloitte will keep HMV’s 239 stores in the UK and the Republic of Ireland open while it assesses the prospects for the business and seeks potential buyers.
Trading in HMV shares on the London Stock Exchange has been suspended, HMV said in a statement. Click below for full story -
IMAGE: AFP/GETTY
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