Thursday, February 17, 2011

Borders Bookstore Filing Chapter 11

Borders Bookstores has announced it will be filing for Chapter 11 reorganization under the Bankruptcy Code. They have also announced their intent to close "underperforming" stores, but no word yet on which ones will be affected. They advise patrons to check their website as news becomes available on this. Borders.com will operate as normal. See the full story here:

http://bordersreorganization.com/

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