NYSE Delists Borders From Stock Exchange

The New York Stock Exchange will delist Borders from its listing on March 21st, according to a filing from Borders.

The process has been going on since February when NYSE told Borders that the company’s stock was not in compliance with its listing standards. Borders stock has been suspended for trading since the company filed for Chapter 11 bankruptcy on Feb. 16.

In the meantime, publishers are trying to get paid money they are owed from the retailer. Earlier this week several of Borders’ suppliers filed motions for the return of the unpaid stock, which still belongs to them.

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