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HMV shareholders approve Hammersmith Apollo sale

HMV shareholders approve Hammersmith Apollo sale

A new joint company formed by AEG and CTS Eventim, Stage C Limited, made the offer for the venue in May.

99.96% of HMV Group votes were in favour of the purchase at the company's General Meeting yesterday.

HMV expects the deal to go through by August this year at the latest.

Subject to completion of the disposal and the satisfaction of customary conditions precedent, the HMV Group has amended its existing £220m Bank Facility with its existing lenders and extended it to 30 September 2014.

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