By Eric Savitz, Blogger and Columnist, Barron’s, Tech Trader Daily
Borders Group (BGP) on Friday denied a recent report from Debtwire that it has extended the length of time it is taking to pay small publishers; it also denied that a group of small publishers has hired the bankruptcy law firm Lowenstein Sander.
“Borders has continued to pay its vendors in a timely manner, has not lengthened its days to pay, and has not been contacted by a group of publishers as alleged,” the company said.
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