Borders Files For Ch. 11 Bankruptcy Protection

Published February 18, 2011

Borders Files For Ch. 11 Bankruptcy Protection
NEW YORK (AP) — Bookseller Borders, which helped pioneer superstores that put countless mom-and-pop bookshops out of business, filed for bankruptcy protection Wednesday, sunk by crushing debt and sluggishness
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Borders files for Ch. 11 bankruptcy protection
Bookseller Borders, which helped pioneer superstores that put countless mom-and-pop bookshops out of business, filed for bankruptcy protection Tuesday, sunk by crushing debt and sluggishness in adapting to a rapidly changing industry. The 40-year-old company plans to close about 200 of its 642 stores over the next few weeks. All…
Read more on New York Post

Borders to close 30 per cent of stores, files for bankruptcy protection
American bookseller Borders, which helped pioneer superstores that put countless mom-and-pop bookshops out of business, filed for bankruptcy protection Wednesday, sunk by crushing debt and sluggishness in adapting to a rapidly changing industry.
Read more on Kitchener – Waterloo Record

Posted in Music Contract Information | Tagged bankruptcy, Borders, files, Protection