(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