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07/19/11 CHARLESTON, W.Va. - Borders Group Inc.s failure to attract a buyer means there soon will be liquidation sales, then closures and job losses at all five of the companys West Virginia stores.The nations second-largest U.S. bookstore chain operates:* Bord...
07/19/11 After a failed attempt to find buyers to stay as a going concern, bankrupt US bookstore operator Borders Group Inc. said late Monday it will sell its store assets to liquidation firms Hilco and Gordon Brothers and submit the plan for bankruptcy court approval.
07/19/11 Borders Group has conceded in its attempt to find a buyer for most of its remaining bookstores and has asked the U.S. Bankruptcy Court to cancel an auction of the company that had been scheduled for this week. Borders is currently operating 399 stores and employs approximately 10,700 employees. However, in its submission to cancel an upcoming auction, Borders said it had received an offer for 30 ...
07/19/11 NEW YORK (Reuters) - Borders Group Inc, the second-largest U.S. bookstore chain, said it has canceled an upcoming bankruptcy auction and will close its doors for good.
07/18/11 Borders Group threw in the towel Monday afternoon and agreed to submit a previously announced liquidation plan to the U.S. Bankruptcy Court in Manhattan on Thursday.
07/18/11 Borders Group has conceded in its attempt to find a buyer for most of its remaining bookstores and has asked the U.S. Bankruptcy Court to cancel an auction of the company that had been scheduled for this week. Borders is currently operating 399 stores. However, in its submission to cancel an upcoming auction, Borders said it had received an offer for 30 of its stores and reserves the right to ...
07/18/11 DJM Realty, a Gordon Brothers Group company, has been retained to exclusively manage the disposition of all remaining Borders Group and Waldenbooks real estate in the United States.
07/18/11 A unit of Boston-based retail liquidator Gordon Brothers Group has been hired to dispose of bankrupt Borders Group's...
07/18/11 NEW YORK (Reuters) - An auction in bankruptcy court for Borders Group Inc is scheduled to take place in Manhattan on Tuesday. A group of liquidators has been made the "stalking horse," and sources told Reuters no other bids have been made for the company in its entirety.
07/15/11 NEW YORK -- Borders Group, the nation's second-largest bookstore chain, which once operated more than 1,000 stores, appears headed for liquidation after a judge Thursday approved its motion to auction itself off to a team of liquidators.
07/14/11 NEW YORK -- Borders Group, the nation's second largest book store chain that once operated over 1,000 stores, appears headed for liquidation after a judge on Thursday approved its motion to auction itself off with a team of liquidators as its opening bid.
07/14/11 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.
07/14/11 NEW YORK - Borders Group, the nation's second largest book store chain that once operated over 1,000 stores, appears headed for liquidation after a judge on Thursday approved its motion to auction itself off with a team of liquidators as its opening bid.
07/03/11 The beleaguered Borders Group has been fighting frantically to steer clear of the impending bankruptcy iceberg for months. In February, book store chain owners declared bankruptcy and now they are considering a $215 million buyout bid.
06/23/11 Borders Group Inc. plans to close its two Express stores on Oahu. The Ann Arbor, Mich.-based company said it will shut down its Waikiki store at Royal Hawaiian Center, which employs eight people, and another at the Town Center of Mililani that has 12 workers, spokeswoman Mary Davis said.
06/20/11 NEW YORK -- The future for Borders Books and Music at the Huntington Mall seems to be a little more promising than it has been since Borders Group Inc. filed for Chapter 11 Bankruptcy protection in February.
06/16/11 Borders Group could be forced to close 51 of its most profitable locations because landlords of those stores haven't agreed to give the bookseller more time to decide whether it wants to keep the leases.
06/14/11 Get Business Mobile Text Alerts : Text BIZ To 37798 Borders Group Inc. said Tuesday it will close the Waldenbooks store it operates in the Westfield-Trumbull Shopping Mall as part of its bankruptcy reorganization. A date for the store's closing has not yet been set, said Mary Davis, a spokeswoman for the Ann Arbor, Mich.-based bookseller.
06/10/11 Borders Group Inc., the bankrupt bookstore chain, won more time from landlords of six stores to decide whether to cancel leases and will move ahead with plans to close 45 others.
06/10/11 NEW YORK Borders eyes more store closings Borders Group Inc. says it may have to close dozens of its best-performing stores because of a requirement of its bankruptcy financing if their landlords don't agree to extend a lease-negotiation period.
06/09/11 Borders Group says it may have to close dozens of its best-performing stores ... Gov. Rick Snyder has signed bills that will allow the city of Detroit to ... | 
