Liquidation Looms for Borders as Sale Collapses - Fox Business

07/14/11


The Associated Press

Liquidation Looms for Borders as Sale Collapses
Fox Business
2 US bookstore chain that filed for Chapter 11 bankruptcy protection in February, has designated a group of liquidators as the opening bidders in a bankruptcy-court auction, The Wall Street Journal reported. Private-equity investor Jahm Najafi's deal ...
Borders to Seek Approval of Bid by Liquidator, Spurning Najafi's OfferBloomberg
Borders creditors, filing objection, say proposed sale could lead to liquidationAnnArbor.com
Borders' creditors object to Najafi buyout dealReuters
The Detroit News -San Francisco Chronicle -Reuters UK
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