Bookstore chain Books-A-Million Inc. said its last-minute talks to buy the leases and assets of 30 Borders bookstores out of bankruptcy have fallen through.
Stores in Butler and Center Township were among those stores. Borders Group Inc., which filed for bankruptcy protection in February, received court approval last week to liquidate its 399 stores. The chain said at the time it was talking to Books-A-Million about buying the store leases and inventory.
A group led by liquidation firms Hilco Merchant Resources and Gordon Brothers Group are holding going-out-of-business sales in all Borders stores.
