In the wake of numerous reports (see this earlier MobyLives report), Borders has isued a statement yesterday saying that “it fully intends to stay in business despite reports that it might be preparing to file for bankruptcy,” says Janet Cho in a Cleveland Plain Dealer story.

Cho reports that Borders spokesperson Mary Davis said, “Our goal is to have a strong Borders for the long term …. As such, Borders is involved in discussions with multiple parties – including lenders, vendors, landlords and other business partners – to determine the route that will provide it with the best opportunity to move forward with its business strategy.”

So does this include bankruptcy, as per the recent reports?

“Borders understands the media interest in its situation but will not comment on theoretical, suggested or rumored outcomes to this process,” Davis said. “Once the terms of any arrangements are finalized, Borders will make an appropriate announcement.”