Borders Group Closes Deal with Pershing Square Capital Management

ANN ARBOR, Mich., April 9, 2008 - Borders Group, Inc. (NYSE: BGP) today announced that it has closed on the revised financing agreement with Pershing Square Capital Management, L.P. that was announced in the company’s April 7, 2008 news release. The agreement includes a $42.5 million senior secured term loan, a “put” right of $135 [.. more ..]

Borders Honors Winners of the 2007 Original Voices Awards

Borders Group Chief Executive Officer George Jones will lead the retailer’s 12th annual Original Voices Awards ceremony, which recognizes fresh, compelling and ambitious works from new and emerging talents of 2007 in fiction, non-fiction, young adult/independent reader and children’s picture books. The winner of the Original Voices’ fiction category is Steven Hall for his debut [.. more ..]

Fry, Inc. Chosen to Develop Two Thompson & Company Web Sites

April 8, 2008 — Fry, Inc., a leading e-commerce solutions provider, today announced it has been selected to develop two new e-commerce sites for Thompson and Company, a direct-to-consumer multi-channel merchant selling products ranging from designer linens and women’s apparel, to premium cigars and specialty foods. The newly designed sites will support both the Casual [.. more ..]

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