Houghton Mifflin Harcourt Files Chapter 11 Bankruptcy
Posted on 5/29/2012 by Jim Pickerell | Printable Version |
Houghton Mifflin Harcourt
(HMH) filed a voluntary petition for
reorganization under Chapter 11 in the U.S. Bankruptcy Court for the
Southern District of New York. The “pre-packaged” comprehensive
financial restructuring plan will eliminate $3.1 billion of the
company’s debt through a debt to equity transaction with its bank and
Copyright © 2012 Jim Pickerell
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