HMV, Just Eat, Verizon: Everything that matters this morning
Mike Ashley in talks to buy HMV
Sports Direct tycoon Mike Ashley has placed a bid to buy struggling music chain HMV after it went into administration for the second time just before Christmas.
It is understood that Ashley, who in the last six months has bought House of Fraser and Evans Cycles, has held talks with key music and entertainment industry suppliers to HMV, with sources saying he is “serious” about the buy.
Ashley is one of a handful of formal offers made to KPMG ahead of
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