July 2, 2011
News You Can Use about Borders - Part 4
Borders announced it accepted a $215 million offer from Direct Brands (owners of Book of the Month Club and Columbia House). Direct Brands will also assume $220 million of Border's liabilities. I wonder if more stores are going to close. While it is sad, my inner bibliophile is geeked up for more book liquidation sales.
Source: GalleyCat
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