05/21/2010 12:20 pm ET Updated May 25, 2011

Borders To Get $25 Million Investment From Vector Group Charmain Bennett S. LeBow

Vector Group, Ltd. chairman Bennett S. LeBow will invest $25 million into Borders Group, Inc., the bookseller announced today. The deal is expected to close today, and Vector Group will have purchased 11.1 million shares in the bookseller.

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