Cengage Looks To Continue Exploring Apax Debt Buy

Law360, New York (July 24, 2013, 7:13 PM EDT) -- Textbook publisher Cengage Learning Inc. asked a New York bankruptcy court Tuesday for leave to hire Willkie Farr & Gallagher LLP to probe the acquisition of company debt by private equity firm Apax Partners, which has a controlling stake in the business.

Before it filed for Chapter 11, Cengage had retained Willkie Farr at the behest of independent director Richard D. Feintuch in connection with an evaluation and analysis of the acquisition by Apax and its affiliates of the company's debt, and asked the court to...
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