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After Diversifying its Real Estate Portfolio, Agree Realty Rises Above the Grave of Borders Books
Wednesday, October 26, 2011 - 5:04pm | 371With a new credit facility on the way, Agree Realty Corp. (NYSE: ADC) is having a terrific year. Borders once accounted for the vast majority of the firm's leases. But after parting ways with the ailing book store, and after acquiring several new assets, Agree Realty is thriving at a time when...
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Borders Group Names Scott Henry Executive VP, CFO
Monday, October 18, 2010 - 9:47am | 471Borders Group, Inc. (NYSE: BGP) announced it has appointed Scott Henry Executive Vice President and Chief Financial Officer, effective today. He reports to Mike Edwards, President of Borders Group, Inc. and President and CEO of Borders, Inc. Henry, 45, is a seasoned executive who brings more than...
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LeBow Invests In Borders (BGP)
Friday, May 21, 2010 - 4:48pm | 155Financier Bennett LeBow has bought 11.1 million shares of Borders Group Inc. (NYSE: BGP) for $25 million. The purchase has made LeBow the biggest shareholder of the company, dethroning Bill Ackman. Ackman, through his firm Pershing Square Capital Management, holds a 17.7% stake in the struggling...
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Barnes & Noble (BKS) Chooses Web Guy for CEO
Thursday, March 18, 2010 - 3:10pm | 362Barnes & Noble, (NYSE: BKS) the largest U.S. bookstore chain, promoted the head of its Web site, William Lynch, to CEO. The move underscores their emphasis on digital retail. Former CEO Steve Riggio, the brother of founder Leonard Riggio, will remain vice chairman. Lynch, 39, joined Barnes...