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    Feb 16, 2011 |Story| KCPQ-LTV

  1. Borders Files for Bankruptcy, Will Close 30 Percent of Stores

    Borders, the second-largest U.S. bookstore chain, filed for bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load, and it plans to close nearly one-third of its stores.
    Web Reporter
    Borders, the second-largest U.S. bookstore chain, filed for bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load, and it plans to close nearly one-third of its stores. Its inability to...

    Tags: Shareholders, Books, CBS Corp., Elections, Financially Distressed Companies

    2. Feb 16, 2011 |Story| WGNO-LTV

  2. Borders files for bankruptcy, Plans to close both New Orleans area stores

    Borders Group Inc filed for bankruptcy protection and said it would close about one-third of its bookstores - including both in the New Orleans area - after years of shriveling sales that made it impossible to manage its crushing debt load.
    WGNO News
    Borders Group Inc filed for bankruptcy protection and said it would close about one-third of its bookstores - including both in the New Orleans area - after years of shriveling sales that made it impossible to manage its crushing debt load. The long-...

    Tags: Wal-Mart Stores, Inc., Shareholders, Books, Elections, Politics

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