Potential buyers show interest in Reader’s Digest
The embattled Reader’s Digest UK has begun talks with three potential buyers. Administrators of the
Although the company has entered administration last week after struggling with a pension scheme deficit of £125m, the magazine's April issue is going to print. Reader's Digest has reportedly started selling its ad space for the May issue.
Earlier this week, the company's US owner, the Reader's Digest Association (RDA), emerged from bankruptcy protection in the US with 75 per cent less debt.