Cengage US reaches deal to emerge from Chapter 11 bankruptcy
4 February 2014 Books+Publishing @booksandpublishing
In the US, educational publisher Cengage Learning has reached an agreement with major financial stakeholders and creditors to allow it to emerge from Chapter 11 bankruptcy, the equivalent of administration in Australia, reports Publishers Weekly. The agreement, which is subject to court approval, would remove US$4 billion (A$4.6 billion) from Cengage’s...
Category: International news