Some or all of remaining Borders stores to be liquidated by Nov 13

BookBrowse News - The Full Story

Some or all of remaining Borders stores to be liquidated by Nov 13

Jul 15 2011

Yesterday, The New York Times reported that embattled bookseller Borders is likely to face liquidation after a committee of its unsecured creditors rejected a buyout proposal from private equity firm Najafi Cos, on the basis that Najafi would be getting the assets too cheaply and was more than likely to liquidate them itself for a profit later.

Today, Publishers Weekly posted a list of remaining Borders stores saying "even in the best case scenario a large number of outlets will be closed. If the stalking horse $215.1 million offer by the liquidator group is accepted all outlets will be closed and inventory sold...by November 13.

More News Stories

Support BookBrowse

Become a Member
and discover your next great read!

Join Today!

Book Discussion
Book Jacket
The Opposite of Everyone
by Joshilyn Jackson

"Quirky and appealing characters, an engaging story, and honest dialogue make this a great book!"
- BookBrowse

About the book
Join the discussion!

Editor's Choice

  • Book Jacket: Holding Up the Universe
    Holding Up the Universe
    by Jennifer Niven
    Jennifer Niven's spectacular Holding Up the Universe has everything that I love about Young ...
  • Book Jacket: Coffin Road
    Coffin Road
    by Peter May
    From its richly atmospheric opening to its dramatic conclusion, Peter May's Coffin Road is a ...
  • Book Jacket: The Guineveres
    The Guineveres
    by Sarah Domet
    It's a human need to know one's own identity, to belong to someone, to yearn for a place ...

First Impressions

  • Book Jacket

    Victoria
    by Daisy Goodwin

    Daisy Goodwin breathes new life into Victoria's story, and does so with sensitivity, verve, and wit." - Amanda Foreman

    Read Member Reviews

Win this book!
Win All the Gallant Men

All The Gallant Men

The first memoir by a USS Arizona survivor, 75 years after Pearl Harbor.

Enter

Word Play

Solve this clue:

K Y Eyes P

and be entered to win..

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends books that we believe to be best in class. Books that will whisk you to faraway places and times, that will expand your mind and challenge you -- the kinds of books you just can't wait to tell your friends about.

 
X

Free Weekly Newsletter

Keep up with what's happening in the world of books:
Reviews, previews, interviews and more!



Spam Free: Your email is never shared with anyone; opt out any time.