The Digital Reader

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Borders face 1 April Deadline

March 23rd, 2010 · No Comments · ebookstore news

From AnnArbor.com: A New York hedge fund manager may control the fate of Borders Group Inc., even as the distressed Ann Arbor-based book store chain advertises to hire several people for its digital division. Borders faces a critical April 1 deadline to repay a $42.5 million loan owed to Pershing Square Capital Management, a hedge [...]

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