Reader's Digest UK rescued from administration

The future of Reader's Digest UK has been secured.

Reader's Digest UK rescued from administration
Fri, 09 Apr, 2010 - 18:54

The future of Reader's Digest UK has been secured.

Management have bought the firm out of administration and promised "significant plans" to expand the business.

The 72-year-old British edition of the magazine, which employs 100 people, was snapped up for €15m in a deal backed by private equity firm Better Capital.

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