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James Daunt's tenure at the helm of Waterstone's is likely to be about "revolution not evolution" as he begins his leadership of the company, according to a source close to the situation.
The new m.d. of the high-street bookseller took control of Waterstone's on Wednesday (29th June), as previous m.d. Dominic Myers exited the company. On the same day, the HMV Group announced the official completion of the sale of the chain to Russian billionaire Alexander Mamut's A&NN Group.
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