Borders Files For Chapter 11 Reorganization

Borders has filed for reorganizational relief under Chapter 11 of the Bankruptcy Code. As part of their reorganization, they will be closing over 200 of their bookstores across the country. You can see what stores are closing by clicking here. You can visit their special reorganizational website by clicking here.

I’ve spent many happy hours in Border’s bookstores. It’s sad they are closing so many of their locations. My heart goes out to all of those booksellers who will soon be out of work.

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