Federal bankruptcy court Judge Martin Glenn finally approved Barnes & Noble’s $13.9 million winning bid for the bulk of Borders’ intellectual property on Monday afternoon after various privacy concerns voiced last week by an independent ombudsman were worked out by all parties. Reuters reported that at the hearing, Borders lawyer Andrew Glenn said the deal will give customers 15 days to opt out of the transfer by responding to an email that will be sent out once the deal closes, though that date has not been decided upon yet. Further information on how the more than 48 million Borders customers […]
