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However, the Times' article states, "The rejection of Najafi, a private equity firm that owns the Book-of-the-Month Club, does not necessarily consign Borders to liquidation. The company is scheduled to begin a court-supervised auction on July 19, and Najafi and other potential bidders, like the Gores Group, can still bid."
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- Companies:
- Borders Group
- The New York Times
- Places:
- Manhattan
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