Reader's Digest Files for Bankruptcy as Readers Shift to Electronic Media

... both assets and debt of more than $1 billion in Chapter 11 documents filed today in U.S. Bankruptcy Court in White Plains, New York. Under a restructuring agreement supported by Wells Fargo & Co., $465 million of remaining senior notes will all ...



via White Plains Newswire http://www.bloomberg.com/news/2013-02-18/reader-s-digest-files-bankruptcy-to-cut-465-mln-debt.html