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Monday, February 18, 2013

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://bangordailynews.com/2013/02/18/business/readers-digest-files-for-bankruptcy-as-iconic-magazine-falters/

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