Cengage Learning Files Chapter 11 Bankruptcy
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Cengage Learning Discloses Confidential Information Provided to Creditors
July 3, 2013 6:14 AM EDTPrior to the date hereof, Cengage Learning Holdings II, L.P. (together with its subsidiaries and affiliates, the "Company") executed confidentiality agreements (the "Confidentiality Agreements") with the members of an ad hoc group of certain holders of the Company's first lien secured claims (the "First Lien Creditor Group") and certain holders of the Company's second lien secured claims and unsecured note claims (the "Junior Creditors," and together with the First Lien Creditors, the "Creditors") and the Company's equity sponsor ("Apax") to facilitate discussions with the Creditors concerning the Company's capital structure and potential alternatives for a proposed restructuring of the... More
Education Peers Lower as Cengage Learning Files for Bankruptcy (LF) (HAS) (MAT)
July 2, 2013 2:14 PM EDTFollowing the chapter 11 filing of Cengage Learning, some of the segment peers are on watch.
LeapFrog Enterprises, Inc. (NYSE: LF), Mattel, Inc. (Nasdaq: MAT) and its Fisher-Price brand, Hasbro, Inc. (Nasdaq:... More
