Wednesday, June 6, 2007

Borders Cut to `Sell' by Goldman on Lower Buyout Odds, Sending Shares Down

(Bloomberg) -- Borders Group Inc. shares were
downgraded to ``sell'' at Goldman, Sachs & Co., which said the
odds the second-largest U.S. bookseller will be acquired have
diminished given heightened risk of an antitrust challenge.

Shares of Borders declined the most since October 2005,
losing $1.45, or 6.7 percent, to $20.33 as of 10:44 a.m. in New
York Stock Exchange composite trading.


Read more at Bloomberg Stocks News

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