It will surprise no one (except perhaps some PW readers) that there were no bids to buy Borders in its entirety as a going concern by the “soft deadline” of May 6. Giving you some idea of a savvy bookselling appraisal of what’s left that’s worth buying, Barnes & Noble is said by Bloomberg and the WSJ to have placed a modest bid: To buy about 10 locations, the booksellers’ web site, and the Borders Rewards customer databases. (A BN spokesperson would neither confirm nor deny the report to the WSJ.) Practically speaking, the chain still has another month or […]
