'Readers Digest' Publisher Goes Chapter 11

The publisher of the iconic 91-year-old magazine Readers' Digest , RDA Holdings, just filed for bankruptcy. "The company listed assets and debt of more than $1 billion each in Chapter 11 documents filed yesterday in U.S. Bankruptcy Court in White Plains, New York," writes Dawn McCarthy.



via White Plains Newswire http://www.mediapost.com/publications/article/193750/readers-digest-publisher-goes-chapter-11.html