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Borders Group Inc., the Ann Arbor-based bookstore chain, announced yesterday that it is closing after failing to find a buyer. Some stores will close as…
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Borders Books is officially going out of business.The Ann Arbor bookstore chain issued a statement this afternoon saying the company Hilco and Gordon…
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It’s been a busy 24 hours for Ann Arbor-based Borders: The bankrupt bookstore chain has gone from having a potential buyer to talk of liquidation.The…
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Borders has agreed to sell itself to private investment firm Najafi Cos. for $215 million, reports the Associated Press. The agreement, however, is…
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Bankrupt Borders Group may have an interested buyer. The Ann Arbor-based bookstore chain plans to name a bidder by July first.In a motion filed Friday at…
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When Borders filed for Chapter 11 bankruptcy last February, it had until mid-June to submit its own reorganization plan. Now a judge has given the company…
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Attorneys for Borders will be back in court this week asking a judge to give the troubled Ann Arbor-based book store chain more time to exit bankruptcy…
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The company handling the liquidation sales at more than 200 Borders bookstores says most of those stores will close by this weekend. The liquidation sales…
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Economic development leaders in Ann Arbor are hoping Borders Books will find a new home for its headquarters in city where the company started. Four…
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A report in the Wall Street Journal suggested Borders plans to move its headquarters from Ann Arbor. But company spokeswoman Mary Davis insists no final…