Reader’s Digest Publisher Files for Bankruptcy

Grapples with $465M in debt

By Matt Cantor,  Newser Staff

Posted Feb 18, 2013 8:44 AM CST

(Newser) – Bogged down by some $465 million in debt, Reader's Digest publisher RDA Holdings has filed for bankruptcy—again. Last night's Chapter 11 filing was the publisher's second in 3 ½ years, the Wall Street Journal reports. The company says this second bankruptcy...   Read full story »

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