Borders Books

Liquidation Imminent

"The United States second largest book store chain that once operated over 1,000 stores, appears headed for liquidation after a judge yesterday approved its motion to auction itself off with a team of liquidators as its opening bid.The move came after an offer made earlier this month from a private equity investor disintegrated overnight. Borders said it will accept bids until 5 p.m. Sunday and will give notice by Monday if no other bidder emerges."

That is bad news.

Source Robot6
c/c BB