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R.I.P. Borders

Filed under: Legal MattersR.I.P.Sad SadBusiness Blitz

borders-closes-down

Wow. And just like that, it's gone.

After filing for bankruptcy in February and failing to generate interest in an auction yesterday, Borders Bookstores will close 400 of its locations nationwide, and will lay off 10,700 employees.

According to President Mike Edwards:

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R.I.P.

Filed under: R.I.P.

How awful!

Mike Edwards, the founding member of the Electric Light Orchestra, was tragically killed on Friday when a bale of hay rolled down a hill and collided with his car. The force was so great that it caused him to swerve into another care on the road.

Edwards was only 62 years old.

So sad.

Our condolences go out to his family, friends and fans who will surely miss him.

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