Chapter 11 Auction of Borders' Intellectual Property to Be Held on September 14th. Likely Suitors In

Borders Books to hold Chapter 11 sale of its intellectual property on September 14th. Distressed M&A experts expect a robust auction for the former giant's intellectual property predicts DailyDAC, LLC. Chicago, IL (PRWEB) September 06, 2011 Borders Books, which also owns the Waldenbooks and Brentano’s names, filed Chapter 11 in February. The financially troubled company first attempted to restructure, and then to sell itself as a going concern in the bankruptcy, but failed. With going-out-of-business sales of inventory now nearing completion, the intellectual property and other
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