HMV Group turns down a conditional offer by Permira Advisers to buy the chain for about 800 million pounds ($1.38 billion) even though it barely eked out a profit in its six-months results. Read Ed C

HMV Group turns down a conditional offer by Permira Advisers to buy the chain for about 800 million pounds ($1.38 billion) even though it barely eked out a profit in its six-months results. Read Ed Christman's column.