Vulture fund circles stricken HMV

AOL Money Staff
HMV
HMV

An American vulture fund is reportedly circling stricken HMV in a move that could see it become one of the retailer's biggest creditors.


Wall Street investment business Apollo Global Management has bought more than £20 million of the company's debt, equivalent to over 10% of HMV's outstanding loans, the Sunday Times said.
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