01-30-2017, 01:19 PM
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#116
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Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
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https://en.wikipedia.org/wiki/HMV#Operations
On 15 January 2013, HMV Group entered administration.[8] Deloitte were appointed to deal with the administration of the company.[9] On 16 January 2013, HMV Ireland declared receivership, and all Irish stores were closed.[10] A week later, on 22 January 2013, it was reported that Hilco UK would buy the debt of HMV, a step towards potentially taking control of the company.[11] The sale of HMV's Hong Kong and Singapore business to private equity firm Aid Partners was completed on 28 February 2013. On 5 April 2013, HMV was bought out of administration by Hilco UK for an estimated £50 million.[4]
HMV Canada is a former subsidiary which was sold to Hilco by the HMV Group in 2011. HMV Canada went into receivership in 2017.[12]
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