Borders US could face liquidation

Written By: Bookseller Staff Publication Date: Thu, 14/07/2011 - 09:40 Borders could face liquidation in the United States after a committee of unsecured creditors rejected a proposed takeover by private equity firm Najafi Companies. The creditors are concerned Najafi would buy the company at a low price and then liquidate it without benefiting them. The committee said in a court filing: "It neither maximises value for the benefit of unsecured creditors nor provides for the other benefits of a going concern." read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-07-14 00:00:00 UTC ]
News tagged with: #unsecured creditors #proposed takeover #low price #court filing

Other Publishing stories related to: 'Borders US could face liquidation'


Borders US could face liquidation

Written By: Bookseller Staff Publication Date: Thu, 14/07/2011 - 09:40 Borders could face liquidation in the United States after a committee of unsecured creditors rejected a proposed takeover by private equity firm Najafi Companies. The creditors are concerned Najafi would buy the company at... Continue reading at The Bookseller

[ The Bookseller | 2011-07-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #unsecured creditors #proposed takeover #low price #court filing


Publisher demands delaying Borders liquidation

Written By: Bookseller Staff Publication Date: Tue, 15/02/2011 - 08:53 Publishers' demands for control of pricing in Borders' closing sales are delaying its impending bankruptcy ruling. Reuters reports the retailer is in discussions with liquidators over a plan to close around 20 of its 650... Continue reading at The Bookseller

[ The Bookseller | 2011-02-15 00:00:00 UTC ]
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My Author Photo Brought Me Face to Face With the Body I Hated

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[ Literrary Hub | 2023-03-09 09:53:57 UTC ]
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Face to Face: Why Houston was key to building ad tech business Direct Digital Holdings

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From Local, to Global, to Gone: On the Rise and Fall of Borders Books

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[ Literrary Hub | 2023-11-28 09:49:05 UTC ]
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