[78-L] Border's liquidation

Greg Laxton greg.laxton at gmail.com
Sat Jan 1 20:05:29 PST 2011


Just picked up a book there today with my 50% off "today only" coupon.

The music section there got shut down a year or so ago...

Sent from my iPhone

On Jan 1, 2011, at 10:55 PM, Jeff Lichtman <jeff at swazoo.com> wrote:

> 
>> Are there any Borders outlets still open? . . .
>> 
>> dl
> 
> It looks like the chain is in trouble. Their stock fell by 22% Friday 
> after they postponed payments to publishers and warned the markets 
> that they are running out of cash. They posted a loss of $74.4 
> million for the quarter ending in October.
> 
> There have been rumors for several months that Borders wants to buy 
> Barnes and Noble, which is also in trouble. I don't see how that's 
> possible under current conditions.
> 
> 
>                        -        Jeff Lichtman
>                                 jeff at swazoo.com
>                                 Check out Swazoo Koolak's Web Jukebox at
>                                 http://swazoo.com/ 
> 
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