WATCH TV LIVE

Borders Bookstore In Last-Ditch Talks

Monday, 18 July 2011 02:33 PM EDT

Borders Group Inc., the nation’s second largest book chain, inched closer to its end on Sunday after receiving no offers to purchase the company, the Wall Street Journal reports.

The only reported negotiations taking place are with Books-A-Million Inc., a bookstore chain based in Birmingham, Alabama, but it is unlikely that the bid, even if it goes through, would save all of the currently owned Borders’ stores.

Borders employs more than 11,000 people and the company’s closure would leave Barnes & Noble Inc. as the sole remaining national book chain.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

Yes, Send Me News Alerts via email

(Optional for Local News)

Privacy: We never share your email address.

PLEASE NOTE: All information presented on Newsmax.com is for informational purposes only. It is not specific medical advice for any individual. All answers to reader questions are provided for informational purposes only. All information presented on our websites should not be construed as medical consultation or instruction. You should take no action solely on the basis of this publication’s contents. Readers are advised to consult a health professional about any issue regarding their health and well-being. While the information found on our websites is believed to be sensible and accurate based on the author’s best judgment, readers who fail to seek counsel from appropriate health professionals assume risk of any potential ill effects. The opinions expressed in Newsmaxhealth.com and Newsmax.com do not necessarily reflect those of Newsmax Media. Please note that this advice is generic and not specific to any individual. You should consult with your doctor before undertaking any medical or nutritional course of action.

TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved

Download the Newsmax App