HMV prepared to go into administration as early as tomorrow

[Administrator]

Update #2: Deloitte told Eurogamer this morning it hasn't officially been appointed as administrator yet and so can't comment on the situation. The appointment is expected to be announced this afternoon.
Update: It's official, HMV is appointing Deloitte as an administrator for its 239-store chain, making it the latest High Street casualty.
The company is suspending trading shares on the London Stock exchange, HMV said in a statement (via the BBC). "The board regrets to announce that it has been unable to reach a position where it feels able to continue to trade outside of insolvency protection," it explained.
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