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The bankrupt local bookseller received three bids, including one from former Tattered Cover CEO Kwame Spearman and a colleague.
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The bankrupt local bookseller received three bids, including one from former Tattered Cover CEO Kwame Spearman and a colleague.
A planned Wednesday auction of the local bookstore chain was canceled.
“Departments delayed contractors and massively inflated the moving budget.”
The parties have signed NDAs and “are actively reviewing data and information.”
Tim Hager, who ran radio stations and American Financing, is accused of taking $37,000.
Amin Suliaman, 47, was arrested Tuesday in Miami on four counts of wire fraud.
Entertainment is the new retail.
The bankruptcy comes at a time when Choice is selling its Colfax real estate.
“The pressing plant has not demonstrated the ability to press vinyl records in a timely or professional manner.”
“We were having major issues with theft and vagrants” along Colfax, its CEO said.
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