Sunday, July 15, 2007

Borders unit attracts trade, private equity interest

(Reuters) - "It has attracted a lot of interest from parties in
Australia and overseas, including trade and private equity,"
Lawrentschuck told Reuters, adding that Borders' Australian and
New Zealand operations were performing very well.




Borders, the second-largest U.S. bookstore chain, said in
March it would consider selling most of its overseas stores as
it focuses on its loss-making U.S. operations.


Read more at Reuters.com Mergers News

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