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.
Mike Cane’s xBlog 
Hi! Just was trying to find the Kobo reader 20% off coupon. Could you please let me know how to get it as I am looking to purchase one for my wife’s birthday?
Thanks a lot!
Joe
As far as I know, electronics are not part of the 20%-off liquidation sale and there has never been a coupon for them.