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Ziff Davis Files For Chapter 11 > |
2008/03/05 21:57:53: Posted by DM | |
It seems that Ziff Davis, one of the biggest publishers of online and offline video game features, has filed for chapter 11 bankruptcy today. Today, in Southern District Court in New York, Ziff Davis announced a restructuring plan that was made with an ad hoc group of senior note holders (read: people with big money). ZD owes over $225 million as of now, and the debt will be reduced as the year progresses. No word on layoffs or closings just yet.
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Comments
Written by PimpDaddy on 2008/03/07
F*CK 1up. Bastards kicked me off thier site. Man I was on a roll too. But I do admit I got a little too vulgar. They sure did let alot of sh!t go for a while though.
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