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/ -- Kmart Corporation
(NYSE: KM) today announced sales and operating income for its
newly-acquired Borders subsidiary. Kmart acquired all of the
outstanding Borders stock on October 30, 1992.
For the three months ended January 27, 1993, Borders sales and
operating income included in Kmart Corporation's consolidated
results were $56 million and $3 million, respectively. Results
included operations of the nine Basset Book stores which were
transferred to Borders from Waldenbooks at...