I always enjoyed your discount book section.

Borders Forced to Liquidate, Close All Stores


Excerpt:

Borders Group Inc. said it would liquidate after the second-largest U.S.
bookstore chain failed to receive any offers to save it.

Borders, which employs about 10,700 people, scrapped a bankruptcy-court
auction scheduled for Tuesday amid the dearth of bids. It said it would ask
a judge Thursday to approve a sale to liquidators led by Hilco Merchant
Resources and Gordon Brothers Group.

The company said liquidation of its remaining 399 stores could start as soon
as Friday, and it is expected to go out of business for good by the end of
September.


Read more here:
http://online.wsj.com/article/SB10001424052702303661904576454353768550280.html?mod=WSJ_hp_LEFTTopStories

J

-

Ninety percent of politicians give the other ten percent a bad reputation. -
Henry Kissinger

Politicians are people who, when they see light at the end of the tunnel, go
out and buy some more tunnel. - John Quinton


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