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Borders Loan

Borders Repays $42.5 Million Loan

The New York Times | Posted 05.25.2011 | Books

The Borders Group said late Wednesday that it had repaid a $42.5 million loan from William A. Ackman's Pershing Square Capital Management, its largest...

Borders Faces Critical April 1 Loan Deadline | Posted 05.25.2011 | Books

A New York hedge fund manager may control the fate of Borders Group Inc., even as the distressed Ann Arbor-based book store chain advertises to hire s...