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Borders drops after Ackman says he’s ready to sell 05.14.2010 Borders shares dropped 6 percent in a few minutes on May 14 after a Reuters exclusive with major a investor Bill Ackman showed he is a “stuckholder” who would dump his stake if he could. He also re-iterated his belief there is room for only one U.S. bookstore chain, suggesting consolidation with Barnes & Noble is needed. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Borders drops after Ackman says he’s ready to sell

05.14.2010

Borders shares dropped 6 percent in a few minutes on May 14 after a Reuters exclusive with major a investor Bill Ackman showed he is a “stuckholder” who would dump his stake if he could. He also re-iterated his belief there is room for only one U.S. bookstore chain, suggesting consolidation with Barnes & Noble is needed.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here