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Borders Group, Inc. (former NYSE ticker symbol BGP) was an American multinational book and music retailer based in Ann Arbor, Michigan, United States. In its final year, the company employed about 19,500 people throughout the U.S., primarily in its Borders and Waldenbooks stores.
- 1971; 52 years ago
- Retail (Specialty)
- 19,500 (2010)
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Nov 28, 2023 · Borders Book Shops and Waldenbooks were quickly spun off as a single public company on the New York Stock Exchange as “Borders Group Inc.” (BGP) in 1995, with Goldman Sachs as the lead banker. It is curious and significant that combining 1,000 Waldenbooks with a handful of Borders Book Shops and Book Inventory Systems into a public company ...
- Literary Hub
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Borders Group Inc., the nation's second-largest bookstore chain, announced that it will liquidate the company. Justin Sullivan/Getty Images. It appears to be all over for the Borders...
Jul 18, 2011 · By Nathan Bomey. This timeline provides a historical perspective of the rise and fall of Ann Arbor-based Borders Group Inc. from its inception in 1971 to its liquidation announcement this afternoon. It is based on AnnArbor.com research, interviews, Securities and Exchange Commission documents, archived news reports and information from Borders.
Jul 19, 2011 · Yesterday, Borders (BGPIQ) finally gave up. After not finding a buyer, the financially-strapped bookstore chain decided to close. The fire sale could happen as soon as Friday. The economic...
Jul 21, 2011 · Arts Jul 21, 2011 3:10 PM EDT. This week, major international bookseller Borders announced it would liquidate its inventory and shutter its stores. More than 10,000 workers are expected to be...