Cengage Learning may file for bankruptcy protection soon -WSJ

... study materials on smartphones and tablets and state and local governments reduce spending on school books. () The Stamford, Connecticut-based publisher is discussing a host of options with creditors to eliminate a significant chunk of debt, ...

http://www.reuters.com/article/2013/06/28/cengagelearning-restructuring-idUSL3N0F34D320130628?feedType=RSS&feedName=privateEquity