Toppling Tower

Toppling Tower

The rumors finally confirmed, Tower Records is officially no more. Hollywood Reporter reports that the liquidation firm Great American Group entered a winning bid of $134.3 million for Tower's assets (besting Trans World by a half million bucks), after a 29-hour auction on Friday. The liquidation process has already begun, leaving Virgin Megastores as the "most prominent remaining deep-catalog retailer." ...
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