Mike Ashley buys House of Fraser for £90m

MIKE Ashley’s Sports Direct has acquired all of the UK stores of House of Fraser, the brand and all of the stock in the business, the firm said in a stock market announcement. . http://www.heraldscotland.com/news/16410949.house-of-fraser-sold-to-sports-direct-owner-and-ex-rangers-shareholder-mike-ashley-for-90m/