Struggling Borders to Meet with Publishers

The book chain Borders entered 2011 on an unsteady note, telling major publishers last week that it would delay payments owed to them, and stoking fears that it would not be able to recover from declining sales. On Monday, Borders executives said they would discuss the company’s plans with publishers at hastily arranged meetings in New York later this week. Mike Edwards, the president and chief executive of Borders, will be present at the meetings, said Mary Davis, a spokeswoman for Borders.

Ms. Davis added that the company was not in a liquidity crisis and