Borders Faces Liquidation After Takeover Bid's Rejection - New ...

07/13/11


AFP

Borders Faces Liquidation After Takeover Bid's Rejection
New York Times
As the new stalking-horse bidders, the liquidation firms have set the floor for the auction. If they prevail, they will wind down the 40-year-old bookseller, which has already closed 237 stores since filing for bankruptcy protection this year. ...
Borders' creditors object to Najafi buyout dealReuters
Borders creditors, filing objection, say proposed sale could lead to liquidationAnnArbor.com
Creditors Committee Files Objections to Borders Proposal; Najafi BalksPublishers Weekly
The Detroit News -San Francisco Chronicle -Bloomberg
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