Surveying his new, expanded kingdom, Gennaro Castaldo welcomes the formal transfer of Fopp into the HMV family. (And it is a family. A dysfunctional one with two members of life support already, but a family nevertheless):
"Where those members of staff are available we'll certainly be looking to rehire them which hopefully will mean up to 70 jobs are saved."
As some commenters have pointed out, HMV are by no means picking up all the profitable links in the Fopp chanin, which suggests that the company simply couldn't extend itself to take on any more - you can see they might want to have avoided the MusicZone and MVC branches that dragged down Fopp in the first place, but there must have been some other branches which the people currently keeping HMV afloat wouldn't extend on.