Reader’s Digest to File Chapter 11 to Reduce Debt (Update2)

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives.

Reader’s Digest Association Inc., the publisher of the pocket-sized magazine, will likely file a Chapter 11 bankruptcy under an agreement with a majority of its secured lenders to reduce debt by 75 percent. Source: Date: 8/17/2009 Keys: Marketing, management, finance, bankruptcy Link: Questions for discussion: Do you think there is a market for… Read more »

Fiat could ditch Chrysler

Posted by & filed under Uncategorized.

Italian car maker says it could abandon partnership talks with the ailing Detroit company if labor concessions aren’t made. Source: Date: 4/15/2009 Keys: International business, marketing, government, bankruptcy Link: Questions for discussion: What would you advise Chrysler to do? Do you think the deal makes sense for Fiat? What would you do if… Read more »