Penton files with the brankruptcy court a pre-packaged reorganization plan that includes an agreement for restructuring with its lenders to eliminate $270 million worth of debt.
The magazine publisher has set up a Web page that explains the process here.
(HT: Roopinder Tara. And thx to DK for noticing that I left out the word mllion!)
The magazine publisher has set up a Web page that explains the process here.
(HT: Roopinder Tara. And thx to DK for noticing that I left out the word mllion!)
Didn't know that $270 was such a crushing debt!
Posted by: David Kozina | Feb 18, 2010 at 11:05 AM