Borders Finds Someone Willing To Buy It For $215 Million

Borders Finds Someone Willing To Buy It For $215 Million

Nearly five months after filing for Chapter 11 bankruptcy protection, the once huge chain of Borders bookstores has finally found a private investment firm willing to buy it for $215 million. Alas, the buyer would also be assuming $220 million in debt from the busted bookseller. [More]