Borders turns to major shareholder for help
25 March 2008 Books+Publishing @booksandpublishing
Borders' Australian, New Zealand and Singapore stores may be under new ownership by January 2009 regardless of the outcome of negotiations with potential local purchasers.In its latest attempt to overcome its financial woes, Borders Group Inc announced last Thursday that it has entered into a 'backstop' purchase agreement with its...
Tags: barnesandnobleborders
Category: Local news