14 Borders Stores To Be Reborn As Books-A-Million

Loyal customers of some Borders stores in the Northeast and Midwest, rejoice: you may not have to go long without a book superstore once Borders closes. According to bankruptcy court documents filed yesterday, Alabama-based chain Books-A-Million has agreed to take over the leases for 14 Borders outlets, mostly in the Northeast. A previous proposal for BAM (best store acronym ever) to take over 30 Borders leases fell through.

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Books-A-Million Agrees to Buy Leases for 14 Borders Stores for $934,000 [Bloomberg]

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