Midlands camera chain Jessops is back after Dragons' Den entrepreneur, Peter Jones, decided he was going to make them an offer.
It cost him £4 million for 100% of the company.
The group was founded in Leicester in 1935 and had almost 200 stores before they all closed in January 2013 with 1,500 people losing their jobs.
Lee Comley reports.
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"She tried to take hold of the knife to stop him. He told her not to shout out and scream and get on her knees and beg."