Correction: Borders-Bankruptcy story

AP News
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Posted: Jul 19, 2011 3:38 PM
Correction: Borders-Bankruptcy story

In a story on July 19, The Associated Press, relying on a company statement, reported erroneously that Borders was expected to ask a federal bankruptcy court to allow it to be sold to liquidators. Borders plans to ask the court to appoint liquidation firms to conduct going-out-of business sales. They will not buy any assets of Borders.