No Storybook Ending for Borders Group
The bookstore chain's bankruptcy tale concludes with liquidation
By
Danielle Cantor
and Noelle Skodzinski
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According to the Washington Business Journal, Books-A-Million's "'efforts to secure the inventory, fixtures, equipment and leasehold interests for 30 Borders stores has ended unsuccessfully because the parties could not agree on terms and the going out of business sales at these locations commenced,' Clyde Anderson, Books-A-Million CEO, said. 'We worked exhaustively in an effort to acquire these stores and reach agreements with all of the parties whose consent was necessary. Unfortunately, we were unsuccessful.'"
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Danielle Cantor
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Noelle Skodzinski
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