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Borders agrees to sell itself for US$215 million

Fri, 07/01/2011 - 10:33am — admin
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NEW YORK: , which owns the Book-of-the-Month Club, will also assume $220 million in debt. The agreement is tentative and is what is known as a "stalking horse" bid for a company under bankruptcy protection. The bid will open an auction for the company ...

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