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March 30, 2024By Michael Cader

Tattered Cover Tells Bankruptcy Court It’s In Sale Discussions

March 30, 2024By Michael Cader

The board of the owner of the Tattered Cover Book Store, currently in bankruptcy reorganization, announced a decision that “positioning Tattered Cover for sale to a qualified, committed new owner is in the best long-term interests of the company, current investors, employees, suppliers and Colorado’s literary community.” The word “positioning” is quite intentional. They say “the company is in discussions with individuals and businesses across the US” but the press release and a motion with the court to delay their next bankruptcy hearing is designed to elicit “additional interest from other potential buyers as word spreads that Colorado’s iconic independent […]

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Filed Under: Bankruptcy, Bookstores

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