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Borders Group agrees to sell itself to private investment firm for US$215mil

Fri, 07/01/2011 - 10:23pm — admin
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MICHIGAN: Borders Group Inc said late on Thursday it agreed to sell itself to private investment firm Najafi for US$215mil and is seeking court approval for the agreement. Najafi, which owns the Book-of-the-Month Club, will also assume US$220mil in debt. ...

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