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Wal-Mart's (WMT) U.K. unit Asda is in reportedly talks about making a possible bid for music...
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Wednesday, March 13, 3:10 AM ETWal-Mart's (WMT) U.K. unit Asda is in reportedly talks about making a possible bid for music retailer HMV, which entered administration - analogous to Chapter 11 in the U.S. - in January with debts of £170M. The loans are held by restructuring specialist Hilco, putting it in pole position to buy HMV.
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