Written By: Graeme Neill Borders has told some US publishers and landlords it is delaying January payments to them, in a bid to complete a debt restructuring. The announcement comes just days after the troubled retailer secured funding from GE Capital. Reuters reports Borders said the move will enable it to "maintain liquidity", adding while the move will impact its vendors and landlords, it is in the best long term interest for the bookseller. read more Continue reading at 'The Bookseller'
[ The Bookseller | 2011-01-31 00:00:00 UTC ]