Reader's Digest Files for Bankruptcy as Iconic Magazine Falters

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



via White Plains Newswire http://www.dailypress.com/entertainment/sns-wp-blm-news-bc-readers18-20130218,0,3212431.story