HMV could be rescued this morning in £50 million Hilco buyout

[Administrator]

Update #2: HMV administrator Deloitte has now announced the deal, specifying that it will save 2643 jobs.
"The sale of the restructured portfolio secures the employment of 2643 staff, saves one of the world's most iconic retail brands and provides a solid financial footing on which the business can be taken forward," commented administrator Nick Edwards. "We wish the Hilco UK and HMV teams every success with the business."
Update: The deal has been announced on Hilco's website.
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