High street book seller Borders is in talks to save the fledgling retailer
which may be on the verge of collapse,
Daily Telegraph reports.
The book and music store giant is said to be in talks with rival companies
including music retailer HMV, to avoid collapse.
Borders’ pre-tax losses increased from £10.3m to £13.6m last year, leading
auditor Ernst & Young to raised doubts about its ability to continue as a
Fears exist that the company may not have enough cash to carry it through the
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in talks over future as administration looms
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Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies