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The troubled publisher of educational materials will eliminate $3.1 billion in debt by swapping it for equity under an agreement the company came to with 70% of its senior secured lenders and bondholders. Continue reading
Posted on May 11, 2012 4:15 PM
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NBGI Private Equity appointed food and drinks industry veteran Tim Kelly as a senior adviser. For other updates launch today's Movers & shakers slideshow.
Blackstone Real Estate and DDR divide 46 shopping centers in a $1.46 billion deal. More video
