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: Bloomberg.com Date: 8/17/2009 Keys: Marketing, management, finance, bankruptcy Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=asX0oQc5YBZc Questions for discussion: Do you think there is a market for… Read more »
Posts Tagged: bankruptcy
Fiat could ditch Chrysler
Italian car maker says it could abandon partnership talks with the ailing Detroit company if labor concessions aren’t made. Source: CNNMoney.com Date: 4/15/2009 Keys: International business, marketing, government, bankruptcy Link: http://money.cnn.com 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 »
