Borders Files For Ch. 11 Bankruptcy Protection

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…
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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.
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