Calling Off Auction, Borders to Liquidate

New York Times
By Michael J. De La Merced and Julie Bosman
Published: July 18, 2011

Borders called off an auction for itself after finding no last-minute saviors, and instead plans to go ahead with a bid from two liquidators.

Although The New York Times is charging for some of their content, readers coming through links from search engines, blogs and LinkedIn will be able to read any article without restriction.
Click here to read the entire article at www.nytimes.com:
Calling Off Auction, Borders to Liquidate