Content about Borders Group Inc.

February 2, 2012

The company announced the appointment Thursday and said Edward would served as EVP of U.S. retail merchandising reporting to Demos Parneros, president of U.S. Retail for Staples.

FRAMINGHAM, Mass. — The company announced the appointment Thursday and said Edward would served as EVP U.S. retail merchandising reporting to Demos Parneros, president of U.S. retail for Staples. 

December 21, 2011

Borders Group Inc. won court approval of the final details of its plans to dissolve, according to Bloomberg.

NEW YORK — Borders Group Inc. won court approval of the final details of its plans to dissolve, according to Bloomberg.

The bankruptcy judge finalized terms of creditor repayments Tuesday after five remaining objections were resolved, the report said. Unsecured creditors with $812 million to $850 million in claims will recover from 4% to 10%, probably “at the higher end of the range,” according to court papers.