Borders sells its UK book stores
BBC NEWS | Business | Borders sells its UK book stores
Book chain Borders is selling its UK and Republic of Ireland stores to private equity group Risk Capital Partners for an initial $20m (£10m).
I wonder what these means? Borders is my favourite bookshop. I guess I’ll have to wait and see.
Edit to add a bit more meat on the bones above.
C4 chairman rescues Borders bookshops | News | Guardian Unlimited Books
Channel 4 chairman Luke Johnson has emerged as the surprise buyer of Borders, Britain’s third-largest books retailer.
I missed this news story so thanks for bringing it to my attention. Like you, I’m a fan of Borders. I’d hate to see my local one go down a WH Smiths route. But we’ll see. I’ve always been happy wandering that stores and chancing upon something new to me every time, like Timothy O’Grady’s I Could Read The Sky.
And here’s an interview with him:
http://books.guardian.co.uk/news/articles/0,,2175087,00.html