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Borders UK Moving Closer to Potential Sale

June 26, 2009
By Sarah Weinman

Retail Week reports that Borders UK, which had already appointed Clearwater Corporate Finance to “seek new funding”, has sent out an information memorandum to “selected private equity houses and trade buyers”. The opportunity may be there for Borders UK to broaden its scope, Retail Planet Analyst Paola Montealegre commented that the store’s potential plans “may not be enough to compete with new channels such as supermarkets and internet retailers.”Retail Week

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Filed Under: Bookstores, News

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