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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A few weeks later, on July 18, Borders announced in a press release that it would submit a proposal from liquidators Hilco Merchant Resources and Gordon Brothers Group to the court for approval, allowing Hilco and Gordon to purchase all remaining Borders stores and assets, and begin the liquidation process.
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Danielle Cantor
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Noelle Skodzinski
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