HMV expects to hear from The Competition Commission today on whether or not it can bid for Ottakar’s.
The retailer is expected to get the go-ahead but analysts think the offer will be much lower than the 440p-a-share tabled before last September’s referral.
WH Smith could enter the fray, prompting an auction for the book chain, according to market talk.
References: The Guardian 12/05/06 page 30 (Market forces)
