Archive

Borders Secures New Loan Rate for Turnaround Effort

United States bookseller Borders Group Inc. has negotiated a lower interest rate for a loan from investor William Ackman that will be used to finance a turnaround plan. The $42.5-million loan from Ackman's Pershing Square Capital Management LP will carry

April 6, 2018

United States bookseller Borders Group Inc. has negotiated a lower interest rate for a loan from investor William Ackman that will be used to finance a turnaround plan.

Subscribe and receive the latest news from the industry.

Join 62,000+ members. Yes, it’s completely free.

You May Also Like

Loading..

Report

Loading..

This site uses cookies to provide you with the best user experience possible. By using License Global, you accept our use of cookies.