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12/06/2013
Investment Firm Confirms Purchase Of Xtra-vision Chain
A British investment firm may have saved some 800 jobs by buying struggling DVD rental chain, Xtra-vision.
Hilco, who also now own the Irish division of HMV, have confirmed a deal to pull the Xtra-vision out of receivership.
It has been reported that the deal will secure the chains immediate future but it is understood that Hilco have yet to decide a long-term plan for the home DVD rental company.
According to the Irish Independent, Hilco are reportedly in talks with landlords and suppliers ahead of making a decision on Xtra-vision's future.
(MH/CD)
Hilco, who also now own the Irish division of HMV, have confirmed a deal to pull the Xtra-vision out of receivership.
It has been reported that the deal will secure the chains immediate future but it is understood that Hilco have yet to decide a long-term plan for the home DVD rental company.
According to the Irish Independent, Hilco are reportedly in talks with landlords and suppliers ahead of making a decision on Xtra-vision's future.
(MH/CD)
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Customers Invited To Exchange Unused HMV Gift Cards
All outstanding HMV gift cards will be accepted and exchanged for new card accepted by the new business. When the retailer entered receivership in January, customers feared they were going to miss out as it was announced that the retailer would no longer honour the cards.
Customers Invited To Exchange Unused HMV Gift Cards
All outstanding HMV gift cards will be accepted and exchanged for new card accepted by the new business. When the retailer entered receivership in January, customers feared they were going to miss out as it was announced that the retailer would no longer honour the cards.
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