Quote:
Originally Posted by SensualPoet
Najafi, under his bid, has the option to run the business as a going concern but the right to eventually liquidate. He was looking for 30 day terms on inventory from major publishers -- standard terms. Two publishers said no; he walked. The other rumoured bidders -- Gore Brothers and Hilco -- appear to have gotten cold feet before making a formal bid.
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In other words, two of the publishers *want* Borders liquidated and its shelf space gone forever.
Ohhh-kaaaayyy...
