Specialist restructuring firm Hilco has confirmed it has struck an agreement with HMV administrators Deloitte to buy the company, in a deal that should secure 2,500 jobs.
The deal will keep 141 shops open, including nine in the East Midlands and 12 in the West Midlands.
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Outbreaks of rain will move southwards turning clearer and colder.
Heavy showers with a chance of thunder but clearing this evening with clear spells overnight.
Showers are likely to break out which could turn heavy during the afternoon.