Tattered Cover canceled today’s planned auction to determine a new owner “to allow more time to discuss with interested buyers,” the Denver Post reports. The auction may happen in the future, or “may not be needed,” store spokesperson Steven Silvers said. In May, Tattered Cover said that they were soliciting bids from potential buyers, and that they would hold the auction if there were multiple bidders. In bankruptcy court filings, they said they had executed signed NDAs from eight potential bidders and were hoping for more.
