Borders Deal Not As Bad As Thought
The comics business news and analysis site provides the best summary on the terms of Borders' financing deal with investor Pershing Square Capital Management, which I suppose may provide hope of an eventual positive outcome for the troubled big-box bookstore giant and major manga and comics buyer. One thing they point out that I hadn't realized is that PSCM has a significant stake in Barnes and Noble and that this could lead them to encourage a merger.