Quantcast
Channel: DealBook» Reader’s Digest Association
Browsing latest articles
Browse All 9 View Live

Buyout Group Picks Up Reader’s Digest

The publisher of Reader’s Digest, the pocket-sized general-interest magazine, will be acquired for $2.4 billion, including debt, by a consortium led by the private equity firm Ripplewood Holdings....

View Article



For One Critic, a Magazine Trumps MySpace as a Smart Buy

Despite all the coverage of MySpace as the most astute media buy in recent history, Ad Age’s Simon Dumenco begs to differ. His idea of a wise acquisition: the $2.4 billion buyout two weeks ago of...

View Article

Windfall Awaits Readers Digest Banker

February 2 is likely to be a happy day for Michael Lynch. That is when shareholders of Readers Digest Association are set to vote on Ripplewood Holdings‘ offer to take the publishing company private....

View Article

Reader’s Digest Plans Chapter 11 Filing

Reader's Digest Association, which was taken private in 2007 by a group led by Ripplewood Holdings, said it planned to file for bankruptcy to carry out a debt-for-equity swap that would give control of...

View Article

Reader’s Digest Secures Approval for Bankruptcy Plan

The Reader's Digest Association said Thursday that it has secured the approval of holders of nearly 80 percent of its senior secured debt for its proposed bankruptcy filing.

View Article


Reader’s Digest: Reading Between the Lines

Reader's Digest's decision to file for bankruptcy protection is a blemish on the generally successful record of long-time deal-maker Timothy C. Collins. For some, it also raises questions about the...

View Article

Reader’s Digest Files for Chapter 11

Reader's Digest Association said Monday that it has filed for prearranged Chapter 11 bankruptcy protection as part of its restructuring plan.

View Article

Reader’s Digest Delayed in Leaving Chapter 11

The Reader's Digest Association, publisher of the Reader's Digest, said Monday that it had run into a problem with its reorganization plan that would delay its exit from federal bankruptcy court.

View Article


Reader’s Digest Puts Allrecipes Up for Sale

http://www.prnewswire.com/news-releases/readers-digest-association-announces-plans-to-sell-allrecipes-132265848.html

View Article

Browsing latest articles
Browse All 9 View Live




Latest Images