Trade Publisher Penton Files for Bankruptcy

Posted on: February 10, 2010 by PEHub AdministratorNo Comments »

NEW YORK (Reuters) – Penton Business Media Holdings Inc, a publisher of 113 trade magazines such as Ward’s AutoWorld, Restaurant Hospitality and National Hog Farmer, has filed for bankruptcy protection as part of a restructuring intended to eliminate $270 million of debt. Wednesday’s filing came after Penton, like many other publishers, struggled with a decline [...]