Bookseller Borders UK has stopped taking online orders and is on the brink of falling into administration if a buyer for the business is not found, the FT reports.
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Private equity firm Endless and convenience store chain Costcutter have ruled themselves out of the race to acquire chunks of the Threshers off-licence empire, owned by First Quench Retailing, the Independent says, leaving rival retailers Bargain Booze, EFB Retail and Rhythm & Booze still in the chase.
