Goldman Sachs Downgrades Borders Group (BGP) to Sell
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June 6, 2007 7:33 AM EDT
Goldman Sachs downgrades Borders Group (NYSE: BGP) from Neutral to Sell.
Goldman analyst says M&A is less likely after FTC moves to block deal between Whole Foods (Nasdaq: WFMI) and Wild Oats Markets (Nasdaq: OATS).
(NOTE - rumors have been circulating that Barnes & Noble (NYSE: BKS) and Borders could link up)
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