Publishers Weekly reports, based on court filings, that Borders is maneuvering for a sale in late July. If this fails, the company will go to liquidation. This means the company will be asking for yet another round of concessions, its leverage being that sale is better for its creditors than liquidation.
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Borders Hopes to Head to Sale in July
2011.06.20 in Books, Bookselling, Commentary, News, Publishing | Permalink
Tags: Borders, July, sale
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