As Borders campaigns privately to persuade creditors and vendors to support its reorganization plans and resume normal trade terms, the NYT adds its assessment to yesterday’s WSJ report, which does not show a lot of movement. Those publishers willing to speak remain unmoved and “said they were no more likely to resume normal trade terms with Borders.” One unnamed publisher said, “We are not impressed. None of it gave us any reason to think they can get themselves out of this. I don’t think it’s changed anybody’s mind.” But Borders ceo Mike Edwards retains his unshakable belief that everything is […]
