Administrators sell zavvi brand and website
04 Mar 2009, Kevin Reed, AccountancyAge
http://www.accountancyage.com/aa/news/1789338/administrators-sell-zavvi-brand-website
The zavvi brand and website have been sold to online entertainment retailer The Hut Group.
Administrators for zavvi UK and liquidators for zavvi Guernsey, from Ernst & Young, agreed the deal.
'This will further increase total realisations for unsecured creditors in some of the zavvi Group companies,' said joint administrator Tom Jack.
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