HM Capital

  1. Bidders Set For Tower Records Auction

    October 03, 2006 12:00 AM EDT Trans World viewed as likely front-runner. Although 16 bidders have come forward to participate in the Chapter 11 auction of Tower Records on Thursday (Oct. 5), odds are the chain will either be acquired by Trans World Entertainment or liquidated ...

  2. Tower On Shaky Ground, Again

    August 11, 2006 12:00 AM EDT Retailer on verge of another Chapter 11. Tower Records is facing an imminent Chapter 11. That’s a certainty, according to top major-label distribution and financial executives, all speaking on condition of anonymity. But what kind of filing will i ...

  3. Source: Alliance, Tower To Have New Ownership Soon

    June 09, 2006 12:00 AM EDT Bids due June 9 for Tower. Two of the largest accounts in the music business may soon have new owners. Sources say that publicly traded Source Interlink, the parent of Alliance Entertainment Corp. (AEC), is being shopped by Deutsche Bank Securitie ...