Content about Calendar Holdings LLC

January 26, 2011

Borders Group said Monday that it is selling its kiosk business Day by Day Calendar Co. for an undisclosed sum.

ANN ARBOR, Mich. -- Borders Group said Monday that it is selling its kiosk business Day by Day Calendar Co. for an undisclosed sum.

The sale involves 420 kiosk retail outlets, which will be purchased by Calendar Holdings LLC, based in Texas.

According to the Detroit News, the sale could provide Borders with cash while the company works with creditors to restructure its debt.