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Borders up for sale; dividend eliminated A cash crunch spurred the moves by the No. 2 U.S. bookstore chain.

Fri, 03/21/2008 - 9:53am — admin
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Borders Group Inc., the second-largest U.S. bookstore chain, put itself up for sale yesterday and halted its dividend. Chief executive officer George Jones said the retailer was unable to borrow money to remodel stores and pay for new technology. Shares ...

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