Cengage CEO seeking restructuring, may file bankruptcy

(11 May 2013) Bloomberg reports that Cengage Learning Inc., the educational publisher owned by Apax Partners LLP, is seeking to negotiate with creditors on a restructuring plan and may need to file bankruptcy as part of its turnaround efforts.

Read the story here: http://www.bloomberg.com/news/2013-05-10/cengage-ceo-seeking-restructuring-may-file-bankrupy.html