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Borders sale fails

added by Georgia Lawyer in Creditors' Rights Lawyer @ Jul 15, 2011 04:12

Borders sale fails. NEW YORK -- Borders Group Inc. moved closer to going out of business as a bankruptcy judge approved a plan to liquidate the second-largest U.S. book retailer after a sale to private equity firm Najafi Cos. fell apart.

Source: Borders sale fails
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