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The company also revealed that Jo James of Ottakar's will be joining the company to lead the local marketing team and Jon Howells will join the PR team from Ottakar's.
DESPITE the takeover of 140 Ottakar's bookshops by Waterstones last month, there are no plans to close the Coventry store, say the new owners.
HMV, the owner of bookshop chain Waterstone's, is to rebrand its newly-acquired Ottakar's stores under the Waterstone's name.
Book chain Ottakar's said yesterday it was looking to conclude takeover talks with entertainment retailer HMV 'as quickly as possible' as the company reported a further sharp drop in sales.
BOOK chain Ottakar's rejected a new takeover bid by Water-stone's owner HMV yesterday.
4m for Ottakar's last year before letting its offer lapse when authorities stepped in and referred it for a full competition inquiry.
Byline: EDITED by CLINTON MANNING THE final chapter in the pounds 100million takeover battle for book store Ottakar's is in sight.
Ottakar's has seen sales of this title rocket since word of mouth praise saw its sales rocket from a standing start to over 1,000 copies a day.