Quote:
Originally Posted by SensualPoet
Looks like Borders is running out even last minute chances. Wall Street Journal today said the tentative deal with Najafi Group has fallen through leaving the only course of action total liquidation. The court will start the process next Tuesday July 19, picking a liquidator, if nothing else changes.
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Did the report say why the deal fell through?
Did the court reject the bid or did creditors torpedo it?
It'll be interesting to see who gets the name if they go to liquidation.