Borders seeks liquidation sale through bankruptcy court - Bankruptcy...

Borders seeks liquidation sale through bankruptcy court
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Bankruptcy law allowed for the Ann Arbor-based bookstore chain to reorganize its assets under Chapter 11 protection when it originally filed its case in February. Borders attempted to save itself from liquidation by laying off employees and closing 226 ...
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Calling Off Auction, Borders Plans to LiquidateNew York Times (blog)
The Daily Docket: Borders Nears LiquidationWall Street Journal (blog)
DailyFinance -Reuters
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