Reader’s Digest bankrupt: Australia unaffected

By Jessica Stanic · 18 August 2009 · News

Iconic US Publisher on Brink of Collapse

A beloved American brand is on the verge of financial disaster, but is its Australian arm safe? Find out what's behind the shocking bankruptcy announcement.

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Summary

US publishing group Reader’s Digest has announced it will file for bankruptcy as the company sinks under piles of debt.