Thread: Borders Suspends Payments to Some Publishers
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Old 01-07-2011, 04:40 PM   #31
DMcCunney
New York Editor
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Borders is looking for ways to restructure:

http://online.wsj.com/article/0,,SB1...239132,00.html

Jeffries and Co. are among those advising Borders, causing some interest in the market, as Jeffries is known for restructuring efforts. Borders claims they have no plans to file for bankruptcy, but it's hard to see how they can avoid it.
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Dennis
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