Deals
Borders, Once Second-Largest Bookseller, to Dissolve
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Borders Group Inc., the bankrupt bookseller, won court approval of the final details of its plans to dissolve, signaling the end of what was once the U.S.’s second-largest bookseller.
Borders had already liquidated its remaining 399 stores from July to September after failing to find a buyer. The 40-year-old bookstore chain, second only to Barnes & Noble Inc. in size, had 642 stores when it entered bankruptcy in February.