In what seems like old news already:

Borders files for bankruptcy this morning– owing $230M to major publishers and planning to close 30% of its stores.


Post Scriptum- The court allowed Borders to start going out of business sales at the 200 closing locations over President’s Day weekend, rather than making them wait the customary 21 day holding period on Friday. Complete list of closing stores @ the WSJ.


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Filed under (Don't Worry) If There's a Hell Below We're All Going to Go, Announcement, apocalypse porn, Book Publishing, corporate intrigue, News

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