At least 14 Borders stores will be given a new lease on life. Books A Million sought court approval for the takeover, and a judge approved the decision on Monday, according to the Wall Street Journal. Books A Million will take control of all 14 stores by October 1.
Most of the stores are located in the Northeast and will actually expand into New England, said Publishers' Weekly.
So while it's sad to lose Borders, it's a relief to know another book chain will be taking over some, at least.
2 comments:
That's very good news, Cate. I'm an e-book guy who really doesn't want to see the demise of brick & mortar stores. Thanks for sharing.
-Jimmy
I heard my local Borders is one of them, and I am so relieved! Without them, we had almost no one!
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