Reader's Digest is the latest print company to join a growing group of publishing companies that are seeking bankruptcy protection. In September, the Journal Register Co., which owns a chain of newspapers, sought bankruptcy protection for a second time to sell its assets.

Other publishing companies that have sought bankruptcy protection include Houghton Mifflin Harcourt Publishing Co. (May 2012), Tribune Co. (December 2008) and Philadelphia Newspaper LLC (February 2009).

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