UPDATE: Books-A-Million Announces Offer for 30 Borders Locations
Books-A-Million, Inc. (NASDAQ: BAMM) today announced the Company has submitted a bid in the Borders, Inc. bankruptcy proceedings to purchase, among other things, the inventory, fixtures, equipment, and leasehold interests for 30 Borders locations. Under the proposed bid, Books-A-Million will assume the leases for these locations and continue to operate these stores.
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