Checkpoint Top Stories for Thursday 26 May 2011

Whitcoulls and Borders sold to James Pascoe group; Lion Brewery axes 38 Christchurch jobs; two properties owned by Terry Serepisos go into receivership; accountant pleads guilty to multi-million fraud of trusts; Nelson home left teetering after floods; Fiji army official may seek asylum in NZ; law laid down against tweets and blogs on voting day.