Monday, 09 July 2007

UPDATE 1-Spencer Capital reports 6.8 pct stake in Borders

(Reuters) - Spencer Capital said in a filing with the U.S. Securities
and Exchange Commission that it owns about 4 million shares of
the second-largest U.S. bookseller.




According to the filing, Spencer Capital -- a New
York-based investment manager -- had conversations with
Borders' chief financial officer concerning the company's
business late last month.


Read more at Reuters.com Government Filings News

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