Content about Liquidation

August 1, 2011

The end of Borders as we know it may be drawing near.

July 18, 2011

Borders closer to liquidation as no bidders come forward

Borders Group inched closer to liquidation after a 5 p.m. Sunday deadline passed and no bidders emerged to keep the bankrupt chain in business.

July 15, 2011

Borders moves closer to liquidation as bankruptcy court judge okays Borders auction

Borders Group moved closer to liquidation after a judge on Thursday approved its motion to auction itself off with an offer from liquidators as its opening bid.

March 14, 2011

Blockbuster cleared for sale process, will avoid liquidation

A Manhattan bankruptcy judge on Thursday has cleared the path for Blockbuster to sell itself to a group of hedge funds, preventing the movie rental chain from having to liquidate its assets.