ANN ARBOR, Mich. (AP) — A liquidation company
participating in Borders Group's' going-out-of-business sales has donated about
8,000 to the Chicago Public Schools.
The Ann Arbor, Mich.-based book store chain is
closing its remaining 399 stores.
Northbrook, Il.-based Hilco Trading LLC said
Saturday that it has donated "academic quality books" worth about
$130,000 to Chicago's schools.
Hilco tells AnnArbor.com that it selected the books
from those it bought from Borders.
Hilco chief executive Jeffrey Hecktman says his
company believes that "education, above all other factors, is the
foundation of commercial success."
Borders Group Inc. filed for bankruptcy protection
in New York in February, brought down by tough competition and an inability to
adapt to consumers' increasing appetite for e-books. Borders received court
approval to liquidate its stores in July.
Copyright
2011 The Associated Press.
