Borders said this, Kobo said this, but I wanted to be absolutely sure.
I asked (typos and all):
This is the bottom line question for eBook buyers.
If Borders goes out of business, are their eBooks *still* safe on Kobo itself? I have two libraries of freebies right now: Kobo and Borders. One does not see the other, This makes me and everyone else wonder.
They replied:
Hi Mike!
to answer your question, yes, your Borders purchases are still safe.
Thanks
The Kobo Team
That’s good enough for me.