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NEW YORK CITY-William Ackman’s Pershing Square Capital Management has offered to help finance a Borders Group Inc. takeover of rival Barnes & Noble, according to an SEC filing Monday. The Pershing Square bid would fund an offer of $16 per share for the locally based bookseller, a deal that Bloomberg reports would value B&N at about $960 million.

A spokeswoman for B&N says the company has no comment. At Ann Arbor, MI-based Borders, a spokeswoman confirms that Ackman “has shared with Borders his perspective that a business combination of Borders and Barnes & Noble could create significant synergies.”

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