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Borders May Be Up for Sale

The good news: There’s a sale at Borders!

The bad news: The sale just might be Borders itself. Oh noes!

Publishers Weekly is reporting that Borders is considering selling the company and/or certain divisions.

From the Borders press release:

Borders Group, Inc. today announced the launch of a strategic alternative review process. J.P. Morgan Securities Inc. and Merrill Lynch & Co. have been retained as the company’s financial advisors to assist the company as it explores strategic alternatives. The review process will include the investigation of a wide range of alternatives including the sale of the company and/or certain divisions for the purpose of maximizing shareholder value. The company can give no assurances that a transaction of any kind will occur.

Following Jeff Vandermeer’s cue, let’s buy it ourselves! They got tons of shelf space and I’m out of room.

About John DeNardo (13012 Articles)
John DeNardo is the Managing Editor at SF Signal and a columnist at Kirkus Reviews. He also likes bagels. So there.
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