Borders Book Store to Go Out of Business By The End of September
July 18, 2011 4:38 PM 
Borders, as it turns out, has been going bankrupt for a while. They were recently on the auction block and the only bids they received were from 2 different liquidation companies, they have no choice but to go out of business for their remaining 399 stores. Boarders group president said it was due to a culmination of things including down economy and more people using eReaders.
The story goes on to say that they may begin liquidation as early as this Friday.
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