Tuesday, January 31, 2023 | Back issues
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Borders Will Close 200 Stores

MANHATTAN (CN) - Borders, which filed for bankruptcy protection Wednesday, said it will close about 200 of its 642 stores, but continue to operate as it reorganizes. Borders is the United States' second-largest bookstore chain, after Barnes & Noble.

Here are the major creditors, from Borders' bankruptcy filing. All the debts are listed as unsecured.

Penguin Putnam Inc. $41,118,914.47

Hachette Book Group $36,879,656.30

Simon & Schuster Inc. $33,757,444.75

Random House $33,461,061.80

Harper Collins $25,793,450.63

Macmillan/PCS $11,434,306.30

John Wiley and Sons Inc. $11,191,435.29

Perseus Distribution Services $7,776,291.64

Source Interlink Companies $6,879,905.55

Twentieth Century Fox $6,445,467.35

Seattle's Best Coffee Inc. $4,991,818.25

F&W Media Inc. $4,546,275.13

Houghton Mifflin Harcourt $4,400,755.51

Sony Music Entertainment Inc. $4,273,824.18

Workman Publishing Company $4,003,125.70

Diamond Comic Distributors $3,906,549.94

UMGD $3,754,699.09

Warner Elektra Atlantic $3,396,812.48

The McGraw-Hill Companies $3,093,871.47

Sony Pictures Home Entertainment $2,930,139.39

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