Borders to acquire remaining shares held by Kmart

Milliot, Jim
August 1995
Publishers Weekly;8/7/1995, Vol. 242 Issue 32, p295
Trade Publication
Reports on the Borders Group's agreement to buy all the remaining shares of its common stock still held by former parent company, Kmart. Terms of the agreement; Borders' security of new funding; Comments from Borders chairman Robert DiRomualdo; Projected second quarter results for the period ending July 31, 1995; Vendex International's trade-in of its stake in Borders rival Barnes & Noble College Stores.


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