Houghton Mifflin Harcourt Publishing Co. improperly filed its prepackaged reorganization in New York, the bankruptcy judge ruled on June 22, one day after signing a confirmation order approving the Chapter 11 plan for the Boston- based educational publisher.
Houghton Mifflin Harcourt Co., the educational book publisher backed by hedge-fund manager John Paulson, raised $219 million in its U.S. initial public offering, pricing its shares below the marketed range.
Amazon.com Inc. made a deeper dive into the publishing world with an agreement announced today that lets Houghton Mifflin Harcourt print and distribute electronic books owned by one of Amazon’s publishing arms.
Credit derivatives traders settling contracts that protected against a default by Houghton Mifflin Harcourt Publishing Co. set a value of 55.5 cents on the dollar for the publisher that filed for bankruptcy this month.
Houghton Mifflin Harcourt Publishing Co. plans to eliminate $3.1 billion of debt in its second restructuring in a little more than two years, the Financial Times reported, without saying where it got the information.
Houghton Mifflin Harcourt Publishing Co. bonds fell to the lowest since they were issued after the Wall Street Journal reported the publisher is seeking to restructure its debt for the second time in two years.