ARW buys Borders after all!

Thursday, 5 June 2008 Books+Publishing

Less than three months after saying it was 'unlikely' such a deal would go ahead ARW has announced it will acquire 100% of Borders Australia/New Zealand/Singapore businesses--which includes 30 Borders superstores.The total transaction is valued at up to $110 million and is expected to close next week.As part of the...