Apr 25, 2006 • 1 min read

Waterstone interested in buying back Waterstones

Tim Waterstone has reportedly made an informal £280 million offer to buy back Waterstones from HMV, dependent on HMV's Ottakers acquisition not going ahead.

Retail news anyone? Tim Waterstone, the original founder of, well you can guess surely, has reportedly made a £280 million informal offer to buy the book chain back of its current owner HMV. The deal is seemingly dependent on the previously reported HMV acquisition of rival book chain Ottakers not going ahead. Make of that what you will.

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