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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