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Bankrupt Borders says bids coming in: Reports: Investor Alec Gores in the mix

Sunday, June 5, 2011

Bankrupt Borders says bids coming in: Reports: Investor Alec Gores in the mix
While a New York bankruptcy judge gave Borders Group Inc. until October to craft a restructuring plan, the company might not need it.
Read more on Crain’s Detroit Business

Romney: Bankruptcy, not bailouts, saved Detroit
GOP candidate says “I was right” about action needed to rescue automakers, and that Obama took his advice
Read more on CBS News

Tribune creditors, retirees sue ex-shareholders for billions
WILMINGTON, Del. (Reuters)—Tribune Co. noteholders and retirees sued the company’s former shareholders for billions of dollars, alleging the 2007 buyout of the owner of the Chicago Tribune and Los Angeles Times forced it to file for bankruptcy.
Read more on Business Insurance

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