Friday, September 16, 2011

Borders assets raise $15.8 million at auction (Reuters)

(Reuters) ? An auction of various pieces of intellectual property of bankrupt bookseller Borders Group Inc on Thursday raised $15.8 million, according to Hilco, which helped with the auction.

Ten bidders participated in the proceedings, and winners included Barnes & Noble Inc and Berjaya Books.

The outcome of the auction is subject to approval by the U.S. Bankruptcy Court for the Southern District of New York. A hearing is scheduled for September 20.

Borders, long a shopping mall staple, filed for bankruptcy in February.

(Reporting by Martinne Geller in New York, editing by Matthew Lewis)

Source: http://us.rd.yahoo.com/dailynews/rss/enindustry/*http%3A//news.yahoo.com/s/nm/20110915/media_nm/us_borders

flight search jackie kennedy dr oz ringer ringer cathedral high school terry fator

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.