As part of its efforts to create a leaner and more profitable company, Wiley began its restructuring plan in the second quarter, which included consolidating some functions and selling assets. Continue reading >> [ Source: Publishers Weekly | 2023-12-06 05:00:00 UTC ]
After weeks of credible speculation and reporting, LSC Communications announced clarity around its reorganization plans, which includes filing for Chapter 11 bankruptcy with the Southern District of New York. The company was left with few option after accumulating at least $893 million in... Continue reading >> [ Source: Folio Magazine | 2020-04-13 15:00:01 UTC ]
German literary powerhouse Suhrkamp and its publisher Ulla Unseld-Berkéwic who also owns 61% of the company, have been handed an early Christmas gift by the three judges of the Federal Constitutional Court in Karlsruhe. By dismissing an injunction by minority owner Hans Barlach they have allowed... Continue reading >> [ Source: The Bookseller | 2014-12-24 00:00:00 UTC ]
Cengage Learning has said it is seeking to negotiate with creditors on a restructuring plan and... Continue reading >> [ Source: The Bookseller | 2013-05-13 00:00:00 UTC ]
Stora Enso has announced a restructuring plan that aims to cut costs in its annual magazine paper operation by about $63.6 million by third quarter 2013, with the goal of improving efficiency and productivity. Continue reading >> [ Source: Folio Magazine | 2012-02-09 00:00:00 UTC ]