[elcreative]

There's already a separate thread dealing with this... and whilst HMV owns Waterstones, it is treated as a wholly independent subsidiary and has already been subject to attempts to buy out from HMV which become more likely to succeed in the current economic climate...

Originally Posted by Bilbo1967

Waterstones may be in trouble too, apparently;

http://www.bbc.co.uk/news/business-12117510

Although the likeliest outcome if HMV went under would be that Waterstones would be sold as a going concern.