Buzz People

HMV reveals lists of stores set to close

Canadian firm Sunrise Records has emerged as the buyer of collapsed music chain HMV, beating competition including Sports Direct owner Mike Ashley.
The firm will buy 100 stores out of administration, securing 1,487 jobs.
But 27 stores will close, resulting in 455 redundancies.
Sunrise Records chief executive Doug Putman said he was "delighted to acquire the most iconic music and entertainment business in the UK."
No price was given.
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