'Readers Digest' Publisher Goes Chapter 11

Bloomberg, Monday, February 18, 2013 11:54 AM
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The publisher of the iconic 91-year-old magazine Readers' Digest, RDA Holdings, just filed for bankruptcy. "The company listed assets and debt of more than $1 billion each in Chapter 11 documents filed yesterday in U.S. Bankruptcy Court in White Plains, New York," writes Dawn McCarthy.

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