LA-based private-equity firm Gores Group “is in discussions to purchase” over 200 of Borders’ 405 operating stores, the WSJ reports, citing “people familiar with the matter, in a deal that would keep the bookstore chain operating as a going concern.” Those people also insist other unidentified parties are also in purchase discussions with Borders. And they say the stores and related assets could sell for approximately $200 million. (Though not stated in the article, it implies that the other 200 or so stores would be severed from Borders, perhaps without a buyer or the infrastructure and assets to continue operating.) […]
