Thursday, February 24, 2011
Borders Store Liquidations Underway / Barnes & Nobel Suspends Dividend
ICv2 reports that the Borders book store liquidations have begun:"Borders has obtained court approval of its store-closing plans and has begun liquidating inventory at the 200 affected locations. DJM Realty is assisting with the store closings and lease assignments. The store closings are part of the restructuring Borders is undertaking under Chapter 11 bankruptcy protection.Inventory liquidation
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