I found this interesting article about Borders bookstore in the US which filed for bankruptcy last February. If a bidder emerges before the end of the month the company can still keep in business.
http://blogs.wsj.com/deals/2011/06/20/borders-eyes-bankruptcy-sale-in-july-or-else/
Such a shame for this to happen to a supposedly giant bookseller, and to think that a larger percentage of Americans than Filipinos read supposedly. I hope it doesnt happen to any of our bookstores here!