May 5 2009
According to Shelf Awareness, Borders is no longer in danger of being delisted. It’s stock price was $3.25 yesterday and it’s capitalization of $200 million is above the Exchange’s minimum of $15 million. There was a great article AP article by Hillel Italie about Borders returning to its roots as a handselling organization. This is one way that retail stores can trump an internet based business like Amazon.