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Wednesday, February 8, 2012

Buyout firm Gores in talks with Borders: report

Posted by Reuters: Business News on June 2, 2011

NEW YORK (Reuters) – Private equity firm Gores Group is in talks to buy more than half of bankrupt bookseller Borders Group Inc’s remaining stores, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.



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Borders Group in talks for deal: source

Posted by Reuters: Business News on May 13, 2011

(Reuters) – Bankrupt bookseller Borders Group Inc said it has received indications of third-party interest for its business that could keep it running as a going concern, a source close to the matter told Reuters.



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Borders receives delisting warning from NYSE

Posted by Reuters: Business News on February 5, 2011

SAN FRANCISCO (Reuters) – Troubled bookseller Borders Group Inc said on Friday that the New York Stock Exchange warned it its low share price did not meet listing requirements.



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Borders gets conditional lifeline; shares soar

Posted by Reuters: Business News on January 28, 2011

NEW YORK (Reuters) – Borders Group Inc received a financing commitment from GE Capital, providing a potential lifeline to the troubled bookseller, but said it would also explore options, including…



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Borders close to securing refinancing: report

Posted by Reuters: Business News on January 14, 2011

(Reuters) – Bookseller Borders Group Inc told publishers in a meeting it was close to securing refinancing from GE Capital and other lenders, the New York Times reported, citing people familiar with…



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Two Borders’ execs resign; B&N’s Nook boosts holidays

Posted by Reuters: Business News on January 4, 2011

NEW YORK (Reuters) – Barnes & Noble Inc reported strong preliminary holiday results at its superstores, led by the popularity of its Nook e-readers, and shares of the top U.S. bookseller gained…



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Borders delaying payments to some vendors

Posted by Reuters: Business News on December 31, 2010

NEW YORK (Reuters) – Bookseller Borders Group Inc is delaying payments to some of its vendors, a company spokeswoman said on Thursday, sending its shares down 11 percent.



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Borders delaying payments to some vendors

Posted by Reuters: Business News on December 30, 2010

NEW YORK (Reuters) – Bookseller Borders Group Inc is delaying payments to some of its vendors, a company spokeswoman said on Thursday, sending its shares down 11 percent.



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Ackman would finance Borders bid for Barnes & Noble

Posted by Reuters: Business News on December 7, 2010

PHILADELPHIA/NEW YORK (Reuters)- Hedge fund manager William Ackman is raising his wager on bookseller Borders Group Inc , offering to help it buy larger rival Barnes & Noble Inc for $963.7…



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Barnes & Noble investors choose Riggio over Burkle

Posted by Reuters: Business News on September 28, 2010

NEW YORK (Reuters) – Barnes & Noble Inc Chairman Leonard Riggio narrowly beat down dissident investor Ron Burkle’s attempt to join the top U.S. bookseller’s board and said he would be soliciting interested buyers.



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