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Borders%20Group<%2Fa>%20does%20not%20have%20the%20capital%20resources%20it%20needs%20to%20be%20a%20viable%20competitor%20and%20which%20are%20essential%20for%20it%20to%20move%20forward%20with%20its%20business%20strategy%20to%20reposition%20itself%20successfully%20for%20the%20long%20term.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Farticle%2Fborders-group-files-chapter-11%2F" target="_blank" class="email" data-post-id="5712" type="icon_link">
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"We are confident that, with the protection afforded under Chapter 11 and with the support of employees, publishers, suppliers and creditors, and the reading public, a successful reorganization can be achieved enabling Borders to emerge from the process as a stronger and more vibrant book seller," concluded Mr. Edwards.
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