Friday, May 10, 2013
After filing chapter 11 bankruptcy protection, Reader's Digest Association might have found a buyer for their building located at 5400 South 60th St.
While no final decisions have been made, Goodwill Industries may be looking at buying the Reader's Digest Association (RDA) building, which is located at 5400 S. 60th St., according to a story in the Journal Sentinel. The parent company of Reader's Digest filed for Chapter 11 bankruptcy protection in February for the second time in less than four years, according to the Associated Press. RDA Holding Co. says it will keep publishing the magazine during the bankruptcy and aims to be out of Chapter 11 within six months. The New York company said it needs to cut its debt so it can keep restructuring. RDA owns the former Reiman Publications in Greendale and announced at the end of 2011 it was cutting 30 employees there, leaving the location …
42.9455
-87.98836
Reader's Digest
5400 S 60th St, Greendale, WI
/articles/who-might-buy-the-reader-s-digest-association-building
1057914
/locations/9376031
Tuesday, February 19, 2013
RDA Holding Co. says it will keep publishing the magazine during the bankruptcy, the company's second in less than four years.
The parent company of Reader's Digest has filed for Chapter 11 bankruptcy protection for the second time in less than four years, according to the Associated Press. RDA Holding Co. says it will keep publishing the magazine during the bankruptcy and aims to be out of Chapter 11 within six months. The New York company said it needs to cut its debt so it can keep restructuring. RDA owns the former Reiman Publications in Greendale and announced at the end of 2011 it was cutting 30 employees there, leaving the location with about 250 employees.
Monday, March 12, 2012
Could Greendale be it? I think so.
Reader’s Digest wants to know what makes your town the Most Interesting Town in America! Think Greendale could be it? From now until May 31, 2012, locals are invited to log on to www.readersdigest.com/america to share personal stories and images that illustrate what makes their town special. The author of the winning story will receive a cash prize of $1,000 and their town will be featured on the cover of an upcoming issue of Reader’s Digest magazine. With the upcoming 75th Anniversary I think Greendale could definitely take this one! Greendale has 75 years worth of stories and could definitely be a worthy contender. Plus, Reader's Digest is a Greendale neighbor and what better town than Greendale to try this. This is all part of the …
