Borders Group (NYSE:BGP) is out of business and before they close their 250+ stores, shoppers are getting last minute deals at up to 40% off.
Rough week for these once darling companies as Fannie Mae (NYSE:FNM), Borders Group, Inc. (NYSE:BGP), and PokerTek, Inc. (NASDAQ:PTEK) join the ranks as stocks under one dollar.
Borders filed its 8-K for Q4 this am.
This only is am attempt to get Borders (NYSE:BGP) share price over $1 to avoid delisting on NYSE.
Reprinted with permission of Pershing Square...
Should give shareholders some hope.
If successful, could be a big money saver
This was larger than expected for Barnes & Noble, Inc. (NYSE:BKS) shareholders.
With both Barnes & Noble (BKS) and Borders (BGP) to reports this month, BKS CEO issues a warnings about his company's sales.
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