Borders’ midnight madness sale

[Joelle]

Bordersââ,¬â,,¢ midnight madness sale
      

U.S. book retailer Borders Group announced in the wee hours of Thursday morning that it is suspending its quarterly dividend and launching a strategic review to investigate selling the business. JP Morgan and Merrill Lynch are advising Borders on the possible sale. The company also said it had received a $42.5 million financing commitment from [...]
         

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