What of Kobo eReader After Borders Closes? Kobo Provides Reassuring Commentary
Just two months ago, Borders announced the latest round of products from their ebook device partner Kobo.
Borders is now getting ready to shutter all of its stores and shut down operations. What does it mean for Kobo and its eReader? Kobo issued a statement on this situation this week. Here are the key points from their statement.
– While Borders is one of the early investors in Kobo, it holds only a minority stake in Kobo, approximately 11 percent.
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