[Michlib-l] Cengage Learning (Gale), Inc Restructuring

[Jim Flury]

I don't recall hearing talk or reading that Cengage might actually liquidate its operation as part of its bankruptcy proceedings. Nevertheless an announcement that, while still subject to court approval, Cengage has reached a settlement with its major creditors is good news for all of us...

http://www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/60902-cengage-reaches-restructuring-deal.html

Jim

Jim Flury
Technical Services Manager
The Library Network
41365 Vincenti Court 
Novi, MI 48375
248-536-3100 x133 
Fax 248-536-3098 
jflury at tln.lib.mi.us