Houghton Mifflin Hracourt files for bankruptcy

BookBrowse News - The Full Story

Houghton Mifflin Hracourt files for bankruptcy

May 21 2012

In an official statement earlier today, Houghton Mifflin Harcourt announced that it had "filed a 'pre-packaged' comprehensive financial restructuring plan that will strengthen the Company financially so we can continue to invest in our business and ensure we are well positioned for the future. This plan, which is supported by the vast majority of our key financial stakeholders, will eliminate $3.1 billion of debt through a debt to equity transaction, and reduce our annual cash interest costs."

More News Stories

Editor's Choice

  • Book Jacket: The Magnificent Esme Wells
    The Magnificent Esme Wells
    by Adrienne Sharp
    Esme Wells was not made to sit back and wait for her destiny. She was made to be magnificent. With ...
  • Book Jacket: Gateway to the Moon
    Gateway to the Moon
    by Mary Morris
    Miguel Torres is a teenager living in Entrada de la Luna, a poverty-stricken dot on the New Mexico ...
  • Book Jacket: New World, Inc.
    New World, Inc.
    by Simon Targett, John Butman
    When we think about the founding of America, we typically envision Pilgrims in black garb and boxy ...
  • Book Jacket: New World, Inc.
    New World, Inc.
    by Simon Targett, John Butman
    When we think about the founding of America, we typically envision Pilgrims in black garb and boxy ...

Book Discussion
Book Jacket
Harbor of Spies by Robin Lloyd

A captivating thriller-at-sea set in Spanish colonial Havana in the 1860s.

About the book
Join the discussion!

Readers Recommend

  • Book Jacket

    Sometimes I Lie
    by Alice Feeney

    This brilliant psychological thriller asks: Is something a lie if you believe it's the truth?
    Reader Reviews

Who Said...

A library is thought in cold storage

Click Here to find out who said this, as well as discovering other famous literary quotes!

Word Play

Solve this clue:

I Wouldn't T H W A T-F P

and be entered to win..

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends books that we believe to be best in class. Books that will whisk you to faraway places and times, that will expand your mind and challenge you -- the kinds of books you just can't wait to tell your friends about.