And now for the question:
"Circumstances may arise where for strategic or other business reasons, Borders decides to sell, buy, merge or otherwise reorganize its own or other businesses. Such a transaction may involve the disclosure of personal or other information to prospective or actual purchasers, or receiving it from sellers. It is Borders' practice to seek appropriate protection for information in these types of transactions. In the event that Borders or all of its assets are acquired in such a transaction, customer information would be one of the transferred assets."
In Vladeck's view, this wording applies to "business transactions that would allow Borders to continue operating as a going concern and not to a piecemeal sale of assets in bankruptcy."