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Borders reports narrower loss

August 27, 2008|From Times Wire Services

Borders Group Inc. reported a narrower second-quarter loss.

The second-largest U.S. bookseller lost $9.2 million, or 15 cents a share, compared with $25.1 million, or 43 cents, a year earlier. Revenue fell to $758.5 million from $812.4 million, the company said.

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