Borders was one of the early investors in Canadian based Kobo contributing 5 million dollars and held a 11% stake in the company. Early on in their business relationship Kobo had granted Borders an exclusive license to distribute their e-readers in the United States. When Borders went out of business a few months ago and went to receivership to liquidate all of their assets, … [Read more...] about Kobo defends Borders license in New York Bankruptcy Court
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