Tag Archives: Bennett S. LeBow

Borders Group Inc. (NYSE:BGP) has raised $25 million from Bennett S. LeBow. The investment was made through the private purchase of 11.1 million shares of Borders’ common stock at a purchase price of $2.25 per share. Mr. Lebow has joined Borders Board of Directs as the Chairman of the company. LeBow is also Chairman of Vector Group Ltd.
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