For Tuesday, February 19, 2013
By Star-Advertiser news services
POSTED: 01:30 a.m. HST, Feb 19, 2013
~~<p><strong>Reader’s Digest parent files for bankruptcy</strong></p>
Reader’s Digest parent files for bankruptcy
NEW YORK >> The parent company of Reader’s Digest has filed for Chapter 11 bankruptcy protection for the second time in less than four years, saying it needs to cut its debt so it can continue restructuring. RDA Holding Co. says it will keep publishing the magazine during the bankruptcy, and aims to be out of Chapter 11 within six months. Login for more...