Borders Refinances – Lives For Another Day

6 Responses to “Borders Refinances – Lives For Another Day”

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   . Angelle 08. Apr, 2008 at 9:03 am

   Jane,

   What don’t you understand? :)

   The deal seems fairly straight forward. Lower interest rate and so on. I do think that the deal looks much better this time.

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   . Jane 08. Apr, 2008 at 9:05 am

   LOL. I’m pretty sure I don’t understand the warrants and so forth. Are those options to purchase common stock?

   Reply
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   . jmc 08. Apr, 2008 at 9:40 am

   Options are usually for employees, and warrants are for the public. Often they are with respect to preferred rather than common stock. And they can be publicly traded if the shares are listed on an exchange.

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   . Shiloh Walker 08. Apr, 2008 at 1:10 pm

   This is good news~I love Borders.

   Reply
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   . Charlene Teglia 08. Apr, 2008 at 5:44 pm

   Oh, yay! I was hoping their reinvention with the new concept stores would help them stay afloat. This is good news, I love Borders.

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   . Stacia Kane 08. Apr, 2008 at 5:47 pm

   Excellent news! This is great to hear. Thanks for passing it on.

   Reply

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