Comment on Private equity investments not enough to help F+W Media

Private equity investments not enough to help F+W Media

Private equity backers spent close to $150 million to save struggling 106-year-old F+W Media — but as the company this week winds down its Chapter 11 bankruptcy, the bigmoney players have also emerged as the biggest losers. In the latest fire sale emerging from the bankruptcy, Penguin Random House on Monday finalized a $5.6 million...

 

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