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Penton, the trade publisher, has filed for Chapter 11 bankruptcy protection. The pre-packaged reorg, agreed by its lenders, will help it era…

Penton

Penton, the trade publisher, has filed for Chapter 11 bankruptcy protection. The pre-packaged reorg, agreed by its lenders, will help it erase debt by $270 million. In addition, some existing shareholders will make a “significant new investment” in the company, which will provide additional working capital to fund operations and improve Penton

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