Monday, July 25, 2011

Books-A-Million drops bid for Borders stores | The Clarion-Ledger | clarionledger.com

Books-A-Million, Inc. has ended its efforts to take over 30 Borders stores, the company announced today.

“The parties could not agree on terms and the going out of business sales at these locations commenced,” a company statement said.

Borders is in bankruptcy and currently liquidating all its remaining stores, including one in Flowood.

Books-A-Million, based in Birmingham, is one of the nation’s leading book retailers with 231 stores in 23 states and the District of Columbia.

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