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bennett s. lebow

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  • / E-Retailers

    Borders raises $25 million and names a new chairman

    Borders Group Inc. has raised $25 million in a private sale of 11.1 million shares to private equity firm Vector Group Ltd., which is controlled by Bennett S. Lebow. Lebow is now both the company’s biggest shareholder and its chairman.

    Posted 05/24/2010Internet RetailerPost a comment

    Borders Group Inc. has raised $25 million in a private sale of 11.1 million shares to private equity firm Vector Group Ltd., which is controlled by Bennett S. Lebow. Lebow is now both the company’s biggest shareholder and its chairman.

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