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The Reader's Digest Association (the company filed for bankruptcy in August 2009 and Ripplewood lost its entire investment) [9] [10] [11] SAFT Power Systems (now renamed as AEG Power Solutions (acquired from Alcatel) Edwards Fine Foods (sold to Schwan Food Company in 2001)
Reader's Digest is an American general ... Ripplewood Holdings LLC led a consortium of private-equity investors who bought ... Ripplewood invested $275 million of its ...
The World Almanac was sold to Ripplewood Holdings' WRC Media in 1999. Ripplewood bought Reader's Digest and the book was then produced by the World Almanac Education Group, which was owned by The Reader's Digest Association.
In March 2007, after being publicly traded for 15 years, Reader's Digest Association was acquired by an investor group led by Ripplewood Holdings, a private equity firm. On September 28, 2015, it was announced that the company's name was officially changed from "Reader's Digest Association" to "Trusted Media Brands, Inc." [6]
Trusted Media Brands, Inc. (TMBI), formerly known as the Reader's Digest Association, Inc. (RDA), ... Ripplewood Holdings, for $1.6 billion. RDA was made a private ...
Time-Life ceased to publish books when it made its Time-Life Books, Inc. division defunct in January 2001, [23] with any remaining vestiges of the book division immediately terminated for good upon the 31 December 2003 acquisition by Ripplewood/Direct Holdings L.L.C. [11] The European "Time Life Books B.V." Amsterdam subsidiary branch and its ...
Ripplewood Holdings bought Primedia's education division in 1999, which became part of Reader's Digest Association in 2007. In 2009, Funk & Wagnalls was acquired by World Book Encyclopedia . [ 9 ]
In 1999, as the company's stock remained moribund, [23] it sold its education unit (Weekly Reader, The World Almanac) to Ripplewood Holdings, acquired Multimedia Publishing, [24] and sold Better Nutrition, Southwest Art, and Vegetarian Times to Sabot Publishing. [25] [26] In 2000, the company acquired the digital media company About.com for ...