Reader's Digest Sheds UK Unit To Hasten Ch. 11 Exit
Reader's Digest decided to stave off its exit from bankruptcy earlier in February after receiving notice that the U.K. Pensions Regulator had refused to sign off on an agreement that would have kept RDA U.K. afloat.
The U.S. Bankruptcy Court for the Southern District of New York in January authorized Reader's Digest to...
To view the full article, register now.