Borders bookstore, an extremely popular bookstore is cash-strapped. So much so that it may not have the cash to make it through the Christmas season. If it can’t make it through the busiest shopping season of the year, when can it survive? The cause for the bookstore giant’s woes is due, of course, to the [...]
Another article discussing the Charter bankruptcy reorganization. Originally discussed in this post. “There will be several changes. First, Charter’s debt will drop by about $8 billion; it still will have $13 billion to pay off. Microsoft Corp. co-founder Paul Allen’s majority holdings in the company will fall to a 2 percent stake, although he will [...]
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