Reader’s Digest

Reader’s Digest plans to file for bankruptcy

Reader’s Digest Association, publisher of the widely read Reader’s Digest magazine, said Monday it will probably file for Chapter 11 bankruptcy for its U.S. businesses to cut its debt load. (News Source: USA Today - 15:43:47)

Reader’s Digest Plans Chapter 11 Filing

Reader’s Digest Association , which was taken private in 2007 by an investor group led by Ripplewood Holdings , said Monday that it planned to file for Chapter 11 bankruptcy protection to carry out a debt-for-equity swap that would give lenders control of the company. (News Source: New York Times - 14:28:03)

Reader’s Digest filing for bankruptcy protection

The publisher of Reader’s Digest, America’s most popular general interest magazine, said Monday it will seek bankruptcy protection. (News Source: MSNBC - 17:00:01)

Reader’s Digest to file for Chapter 11 protection

The publisher of Reader’s Digest, the country’s most popular general interest magazine, said Monday it will file for Chapter 11 protection with a plan to swap a portion of its debt for ownership of the company. Reader’s Digest Association Inc., owned by the… Sponsored Topics: readers digest - Magazine - Chapter 11 Title 11 United States Code - Company - Debt (News Source: San Francisco Chronicle - 17:32:42)

Reader’s Digest to File Chapter 11 to Reduce Debt (Update1)

Aug. 17 (Bloomberg) — Reader’s Digest Association Inc. said it will likely file for Chapter 11 bankruptcy protection under an agreement with a majority of its secured lenders to reduce debt by 75 percent to $550 million. (News Source: Bloomberg - 15:20:59)

Reader’s Digest in Pact With Lenders, Sees Filing Chapter 11

Aug. 17 (Bloomberg) — Reader’s Digest Association Inc. said it has reached an agreement in principle with a majority of its senior secured lenders on the terms of a restructuring plan. (News Source: Bloomberg - 14:21:24)

Reader’s Digest to file for Chapter 11 protection

New York — The publisher of Reader’s Digest, the country’s most popular general interest magazine, said Monday it will seek Chapter 11 protection from creditors amid declining circulation, an industrywide advertising slump and large debts. (News Source: Detroit News - 17:03:41)

Reader’s Digest files for Chapter 11 protection

NEW YORK - The publisher of Reader’s Digest, the country’s most popular general interest magazine, said today it will seek Chapter 11 protection from creditors amid declining circulation, an industrywide advertising slump and large debts. (News Source: Detroit Free Press - 16:30:13)

Reader’s Digest to file for Chapter 11 protection

NEW YORK - The publisher of Reader’s Digest, the country’s most popular general interest magazine, said Monday it will file for Chapter 11 protection with a plan… (News Source: Boston Herald - 17:31:26)

Reader’s Digest to file for Chapter 11 protection

NEW YORK (AP) - The publisher of Reader’s Digest, the country’s most popular general interest magazine, said Monday it will file for Chapter 11 protection with a plan to swap a portion of its debt for ownership of the company. Reader’s Digest Association Inc ., owned by the New York private equity firm Ripplewood Holdings since 2007, said Monday it has reached an agreement in principle with a … (News Source: Newsday - 16:40:35)

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