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US publisher MacAdam/Cage files for bankruptcy

In the US, San Francisco-based publisher MacAdam/Cage has voluntarily filed for Chapter 7 bankruptcy, the equivalent of liquidation in Australia, reports Publishers Lunch. According to Publishers Lunch, the filing follows ‘years of financial woes’ and the death of founder David Poindexter in April 2013. The company’s bankruptcy filing lists US$64,000...

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Category: International news