Getting your player ready...
NEW YORK — Borders Group Inc., which has struggled along with other booksellers as people buy more books online and from discounters, announced a new chief executive and other top managers Monday as it also reported weak holiday sales.
The Ann Arbor, Mich.- based company also warned that its stock is in danger of being delisted from the New York Stock Exchange. The shares have lost nearly all of their value in recent months.
Borders named Ron Marshall, 54, the founder of private-equity firm Wildridge Capital Management, to replace George Jones as CEO.
