Reader’s Digest Files for Bankruptcy to Cut Debt

Reader’s Digest Files for Bankruptcy to Cut Debt Play

Feb. 18 (Bloomberg) -- RDA Holding Co., publisher of the 91-year-old Reader’s Digest magazine, filed for bankruptcy to cut $465 million in debt and focus on North American operations as consumers shift from print to electronic media. Susan Li and Rishaad Salamat report on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

  • On Air Now

    Bloomberg West Watch Now

  • Next

    PAID PROGRAMMING

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus