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News roundup: Borders to go out of business

The closure of Borders is making headlines across the country this morning
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The closure of Borders is making headlines across the country this morning

Borders Group Inc., the Ann Arbor-based bookstore chain, announced yesterday that it is closing after failing to find a buyer. Some stores will close as early as Friday. The liquidation of Borders is making headlines across the state and around the country:

Meanwhile, Michigan Governor Rick Snyder's office says the closing of Borders is more a reflection of publishing industry problems than a statement about Michigan's business climate, the Associated Press reports. From the AP:

His office says the fall of Borders marks the end of an important piece of Michigan history. Snyder is a former Ann Arbor businessman who was elected as a Republican in November. Spokeswoman Geralyn Lasher says the Snyder administration will "want to look closely from the jobs perspective of people in the state."

Zoe Clark is Michigan Public's Political Director. In this role, Clark guides coverage of the state Capitol, elections, and policy debates.
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