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Article: Borders Group Re-evaluates Proposed Offering of $250 Million of Convertible Senior Notes.

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PR Newswire
Article date:
April 4, 2007
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ANN ARBOR, Mich., April 4 /PRNewswire-FirstCall/ -- Borders Group, Inc. has determined, based on shareholder feedback, to re-evaluate its proposed offering of $250 million of Convertible Senior Notes, announced yesterday. The offering will not proceed today as originally planned while the company re-evaluates this and other financing alternatives. Upon completion of this re-evaluation process, Borders Group will issue an update at a later date. 

 
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  About Borders Group

Headquartered in Ann Arbor, Mich., Borders Group is a leading global retailer of books, music and movies with ...

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