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"There will be opportunities for liquidation-type sales," Borders spokesman Donald Cutler told CNN today. "Specifications about them will be revealed in the coming days and weeks."
The company, which was able to secure $505 million in financial reorganization funds, currently holds $1.28 billion in assets and $1.29 billion in debt.
Here's the latest list of Borders store closings:
For more Surge Desk coverage, check out:
Borders Bankruptcy: 5 Ways the Mega-Chain's Demise Will Affect the Country
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