Borders Group (BGP) Appoints Partner of Pershing Capital to Board

January 17, 2008 3:57 PM EST

Borders Group (NYSE: BGP) today announced that it has appointed Richard "Mick" McGuire to the Company's Board of Directors, effective today. This move is substantial as McGuire is a partner of Bill Ackman's Pershing Square Capital Management which owns 18% of Borders.

Borders Group, Inc., through its subsidiaries, operates book, music, and movie superstores, as well as mall-based bookstores.


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