Monday, February 21, 2011

BORDERS GETS COURT NOD TO LIQUIDATE 200+ STORES

FAIRLESS HILLS, Pa. -- Borders Group Inc. obtained bankruptcy court authority to sell inventory of its 200+ underperforming bookstores, which comprises 30% of Borders' total store network.  Hilco Merchant Resources LLC and Gordon Brothers Group are taking the lead as liquidators of the store closing sales. 

More stories on Borders' initial stay in bankruptcy now in BORDERS GROUP BANKRUPTCY NEWS, Issue No. 2, published by Bankruptcy Creditors' Service, Inc.  Visit us at http://www.bankrupt.com/borders/

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