<div><p>NEW YORK (Reuters) - Borders Group Inc <BGP.N> shares spiked nearly 40 percent on Wednesday after its largest investor, William Ackman, said there was little likelihood the struggling bookseller would file for bankruptcy and it could even be part of ...

<div id="subtitle">Borders lays off 164 corporate and distribution employees to adjust to slumping sales</div><div><p>Bookseller Borders Group Inc. is laying off 164 staffers in an effort to cut costs amid slumping sales.</p><p ...