Parts, or all, of bookseller on table, it secures $42.5M loan to keep going
(Newser) -
Bookseller Borders is considering selling itself or some of its divisions, the
Detroit Free Press reports today. The company, based in Ann Arbor, Mich., is in the midst of a turnaround, but is desperately short on cash, today borrowing $42.5 million from its biggest shareholder, Perishing Square Capital Management....
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