Liquidator donates thousands of Borders books to Chicago Public Schools

Posted on Sat, Sep 10, 2011 : 6:41 p.m.

A company that is part of a team of liquidators handling Borders' going-out-of-business sales recently donated thousands of books to the Chicago Public Schools system.

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Borders is closing its remaining 399 stores, including the flagship store in downtown Ann Arbor.

Angela J. Cesere | AnnArbor.com

Northbrook, Il.-based Hilco Trading LLC announced today that it had donated "academic quality books" worth about $130,000 to Chicago schools.

More than 8,000 books — which Hilco had to buy from the Borders estate — "were hand-selected" from the 399 stores Borders is closing as part of its Chapter 11 bankruptcy liquidation, the liquidator said in a news release.

"We believe that education, above all other factors, is the foundation of commercial success and so we have decided to do what we can to help ensure American children receive the best education possible," Hilco CEO Jeffrey B. Hecktman said in a statement. "The book donation was only our first step in a continuing commitment to align our corporate resources with the needs of public education."

Contact AnnArbor.com's Nathan Bomey at (734) 623-2587 or nathanbomey@annarbor.com. You can also follow him on Twitter or subscribe to AnnArbor.com's newsletters.

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