Wednesday, July 20, 2011

Borders is Done....

Borders will likely face a sale to liquidators after the last interested party declined to bid on the failed retailer.  


Liquidators led by Hilco Merchant Resources and Gordon Brothers Retail Partners LLC were made the opening bidders for the auction. The deadline for bids passed on 7/17 without any offers.


12 stores are in the Philadelphia region.


Bloomberg Article

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