It’s happening all over. Yesterday News Corp. reported quarterly results, saying nothing about Harper Collins except that operating income declined from $68 million a year ago (see story below). Borders spokesperson Mary Davis tells the Cleveland Plain-Dealer nothing: “Borders understands the media interest in its situation but will not comment on theoretical, suggested or rumored outcomes to this process. Once the terms of any arrangements are finalized, Borders will make an appropriate announcement.” In case you were unclear, “Our goal is to have a strong Borders for the long term.” CPD Agree Realty, which has leases for 14 Borders locations, […]
