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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It will be mostly cloudy, with some outbreaks of patchy light rain at times, feeling chilly throughout.
The wet conditions of this morning will start to pass, leading to a drier and brighter afternoon across the region.
The advertising watchdog has banned 'misleading' claims by Leicester Uni about it's rankings, student satisfaction and graduate prospects.