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Rakuten to acquire Kobo
Ebook platform provider and online retailer Kobo is to be acquired by Japanese internet service company Rakuten. Rakuten confirmed in a statement its 'definitive agreement' to 'acquire 100% of total i...
In Brief
Kobo Touch now available to order from A&R, Borders websitesKobo ereading devices are now available for pre-order from the Angus & Robertson and Borders websites, owned by Pearson Group Austra...
Final Borders store in Singapore closes; Pearson buys ANZ rights to use Borders name
The remaining Borders store at Parkway Parade in Singapore closed this week, reports AsiaOne. The store closed on 26 September, following a 70% closing down sale which began last week. Approximately 7...
B&N buys up Borders IP at auction
Barnes & Noble had no interest in buying Borders outright, but it moved aggressively to acquire its intellectual property, paying US$13.9 million to buy a cache of its former rival’s IP as...
US bookstore sales fall another 4% in July
US bookstore figures are beginning to show the effects of the closure of Borders, falling 4.2% in July.
Borders Singapore placed under judicial management
Borders Singapore has been placed under judicial management for six months, reports ChannelNewsAsia. Judicial management is a form of administration in which a court-appointed officer ...
Future of Borders Singapore uncertain
News reports in Singapore this week suggest that the future of Borders stores in the country is uncertain. The Straits Times reported on 20 August that the Borders flagship store at Wheelock Place wil...
REDgroup administration: Australian creditors must lodge claims by September; final dividends to be paid in October
REDgroup Retail administrators Ferrier Hodgson has called for creditors of the group's Australian companies to submit claims against the companies if they have not yet done so. Trade and gift card cre...
REDgroup administration: date of second creditors' meeting announced; detailed financial reports released
As reported in a Weekly Book Newsletter special bulletin on 27 July, REDgroup Retail administrators Ferrier Hodgson has announced that second creditors' meetings will take place tomorrow, 4 Augus...
REDgroup administration: date for second creditors' meeting announced; detailed financial reports released
REDgroup administrators Ferrier Hodgson has announced that second creditors' meetings will take place on 4 August in Melbourne and Auckland. The administrators have also made available sep...
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