Borders has offered itself up for sale and Barnes & Noble Inc confirmed reports that it is looking to acquire the troubled company. Borders has been redesigning, closing stores, and creating its own online e-commerce site as opposed to relying on Amazon in hopes to increase its earnings. However, despite these measures, Borders had to put itself on the auction block earlier this year. Barnes & Nobles is looking at acquiring the company; however, it may be waiting until an actual Borders bankruptcy occurs in order to strike a better deal.