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.
More top news
Rain easing Saturday morning. Turning wet, very windy later.
The dress that has got the world on a tailspin shows us how complicated our colour perception is.
Dry this evening, becoming cloudier with some light rain arriving.