Waterstones Might Be Put up for Sale
HMV Group, owners of the chain of HMV media stores and Waterstones, is reportedly thinking about selling the bookseller becuase of financial difficulties. HMV didn’t have a good holiday season in 2010, and it revealed yesterday that it might default on ts bank loans. It looks like it might be better off selling Waterstones so it can focus its efforts on rescuing. the HMV chain.
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