Borders’ intellectual property sold to Barnes & Noble

U.S. Bankruptcy Judge approved terms of the sale

U.S. Bankruptcy Judge Martin Glenn approved the sale of Borders Group Inc.’s intellectual property, trademarks and database of 48 million customers’ information to competitor Barnes & Noble Inc.  yesterday.

Barnes & Noble made the purchase at a Sept. 14 auction. Initially, the Federal Trade Commission’s (FTC) Bureau of Consumer Protection and New York’s attorney general had concerns over  the transfer of customer information from Borders’ database.

Danielle Feinstein

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.