Latest News 2013 July Publisher Set to Emerge from Bankruptcy

Publisher Set to Emerge from Bankruptcy

The publisher of Reader's Digest, Reader's Digest Association Inc, is reportedly set to emerge from bankruptcy. According to reports, the business plans to emerge in the next month after a bankruptcy court has approved its reorganization plan. The business originally filed for Chapter 11 bankruptcy protection for the second time in four years after suffering a decline in the media industry.

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Categories: Chapter 11 Bankruptcy