Borders May Have a Bidder for About Half Its Remaining Stores

Is Borders saved? The Gores Group, a Los Angeles-based private equity firm that often invests in distressed companies and has hopes to build an entertainment conglomerate, has emerged as a possible bidder for 200 of the bookstore chain’s remaining 405 stores in a deal worth about $200 million, the WSJ reports. The talks “remain fluid and could fall apart.”