Re: Reader's Digest
Plug pulled by their American owners.
"The future of Reader's Digest is under threat after the British edition of the magazine went into administration, putting 117 jobs at risk.
The decision was confirmed yesterday after negotiations between the company's U.S. parent group, Reader's Digest Association, and the Pensions Regulator broke down over its UK pension fund."
Take the profits in the good times, run away when the going gets tough the typical American reaction one would expect.
Next to be shafted will be Cadburys.